Brent crude trading lower at $76.14/bbl

Crude oil futures declined 1.29 per cent to Rs 5,875 per barrel as participants trimmed their positions on low demand. On MCX, crude oil for December delivery fell Rs 77 or 1.29 per cent to Rs 5,875 per barrel with a business volume of 5,914 lots.

Globally, West Texas Intermediate crude oil traded 0.66 per cent lower at $70.96 per barrel, while Brent crude was trading down 0.54 per cent at $76.14 per barrel in New York.