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Pressure on Brent crude oil futures

image for illustrative purpose

Pressure on Brent crude oil futures
X

26 July 2024 1:03 PM IST

Crude oil futures declined 1 per cent to Rs6,456 per barrel as participants trimmed their positions on low demand. On MCX, crude oil for August delivery fell Rs65 or 1 per cent to Rs6,456 per barrel with a business volume of 8,437 lots. Globally, West Texas Intermediate (WTI) crude oil traded 0.75 per cent higher at $77.01 per barrel, while Brent crude was trading 0.70 per cent up at $81.14 per barrel in New York.

crude oil futures MCX West Texas Intermediate (WTI) Brent crude business volume global markets low demand August delivery position trimming New York 
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