Brent crude trading at $83.18/bbl

Crude oil futures declined 0.48 per cent to Rs 6,489 per barrel as participants trimmed their positions on low demand. Globally, West Texas Intermediate (WTI) crude oil traded 0.46 per cent lower at $78.18 per barrel, while Brent crude was trading 0.60 per cent lower at $83.18 per barrel in New York. On MCX, crude oil for March delivery fell Rs31 or 0.48 per cent to Rs6,489 per barrel with a business volume of 6,082 lots.