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Brent crude trading at $86.68/bbl
image for illustrative purpose
Crude oil futures declined 0.07 per cent to Rs6,946 per barrel as participants trimmed their positions on low demand.
Globally, West Texas Intermediate (WTI) crude oil traded 0.85 per cent lower at $83.17 per barrel, while Brent crude was trading 0.76 per cent down at $86.68 per barrel in New York. On MCX, crude oil for July delivery fell Rs5 or 0.07 per cent to Rs6,946 per barrel with a business volume of 5,783 lots.