Crude oil futures slip on domestic cues
On the Multi Commodity Exchange, crude oil prices for December delivery dropped by Rs 12, or 0.29 per cent, to Rs 4,157 per barrel.
New Delhi: Crude oil futures on Monday fell by Rs 12 to Rs 4,157 per barrel after participants reduced positions on low demand.
On the Multi Commodity Exchange, crude oil prices for December delivery dropped by Rs 12, or 0.29 per cent, to Rs 4,157 per barrel with a business volume of 15,679 lots.
Similarly, crude oil for January delivery was quoting lower by Rs 15, or 0.36 per cent, at Rs 4,161 per barrel with an open interest of 316 lots.
Globally, West Texas Intermediate crude oil was trading 0.26 per cent higher at USD 57.92 per barrel, while international benchmark Brent Crude traded down by 0.38 per cent at USD 63.63 per barrel in New York.