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Brent crude trading at $77.32/bbl
image for illustrative purpose
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Crude oil futures declined 1.21 per cent to Rs6,106 per barrel as participants trimmed their positions on low demand. On MCX, crude oil for June delivery fell Rs75 or 1.21 per cent to Rs6,106 per barrel with a business volume of 16,720 lots.
Globally, West Texas Intermediate (WTI) crude oil traded 1.63 per cent lower at $73.01 per barrel, while Brent crude was trading 1.33 per cent lower at $77.32 per barrel in New York.