Brent crude trading at 83.27/bbl

Crude oil futures declined 0.41 per cent to Rs6,597 per barrel as participants trimmed their positions on low demand. On MCX, crude oil for June delivery fell Rs13 or 0.41 per cent to Rs6,597 per barrel with a business volume of 5,589 lots. Globally, West Texas Intermediate (WTI) crude oil traded 0.37 per cent lower at $78.94 per barrel, while Brent crude was trading 0.39 per cent lower at $83.27 per barrel in New York.