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Brent crude trading at $82.65/bbl
image for illustrative purpose
Crude oil futures on Wednesday declined 0.45 per cent to Rs6,449 per barrel as participants trimmed their positions on low demand. On the Multi Commodity Exchange, crude oil for February delivery fell Rs29 or 0.45 per cent to Rs6,449 per barrel with a business volume of 8,424 lots.
Globally, West Texas Intermediate crude oil traded 0.27 per cent lower at $77.61 per barrel, while Brent crude was trading 0.27 per cent down at $82.65 per barrel in New York.