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  Business   Economy  26 Apr 2019  Crude oil futures fall by Rs 70 amid weak trend overseas

Crude oil futures fall by Rs 70 amid weak trend overseas

PTI
Published : Apr 26, 2019, 4:15 pm IST
Updated : Apr 26, 2019, 4:15 pm IST

The oil for delivery in June also fell by Rs 64, or 1.37 per cent, to Rs 4,592 a barrel in 695 lots.

At the Multi Commodity Exchange, crude for delivery in May was trading lower by Rs 70, or 1.51 per cent, at Rs 4,567 per barrel. (Representational Image)
 At the Multi Commodity Exchange, crude for delivery in May was trading lower by Rs 70, or 1.51 per cent, at Rs 4,567 per barrel. (Representational Image)

New Delhi: Crude oil futures on Friday eased by Rs 70 to Rs 4,567 per barrel as speculators reduced their exposure amid a weakening trend overseas.

At the Multi Commodity Exchange, crude for delivery in May was trading lower by Rs 70, or 1.51 per cent, at Rs 4,567 per barrel in a business turnover of 20,722 lots.

 

The oil for delivery in June also fell by Rs 64, or 1.37 per cent, to Rs 4,592 a barrel in 695 lots.

Globally, West Texas Intermediate (WTI) crude slipped 0.46 per cent to USD 64.91, while Brent crude, the international benchmark, was down 0.17 per cent to USD 74.22 per barrel at the New York Mercantile Exchange.

Tags: crude oil, crude oil futures, oil imports, oil, petroleum
Location: India, Delhi, New Delhi