Crude oil futures slip by Rs 59 at Rs 4,034 per barrel

Crude oil futures on Friday fell by Rs 59 to Rs 4,034 per barrel after participants reduced positions, tracking a subdued trend in global markets.

On the Multi Commodity Exchange, crude oil prices for November delivery dropped by Rs 59, or 1.44 percent, to Rs 4,034 per barrel with a business volume of 26,575 lots.

Similarly, crude oil for December delivery was quoting lower by Rs 53, or 1.29 percent, at Rs 4,048 per barrel with an open interest of 673 lots.

The fall in crude oil futures was mostly due to trimming of positions by traders in line with weak global cues, analysts said.Globally, West Texas Intermediate crude oil was trading 0.49 percent lower at USD 56.87 per barrel, while international benchmark Brent Crude traded down by 0.32 percent at USD 62.09 per barrel in New York.

News is information about current events. News is provided through many different media: word of mouth, printing, postal systems, broadcasting, electronic communication, and also on the testimony of observers and witnesses to events. It is also used as a platform to manufacture opinion for the population.

Contact Info

D 601  Riddhi Sidhi CHSL
Unnant Nagar Road 2
Kamaraj Nagar, Goreagaon West
Mumbai 400062 .

Email Id: [email protected]

West Bengal

Eastern Regional Office
Indsamachar Digital Media
Siddha Gibson 1,
Gibson Lane, 1st floor, R. No. 114,
Kolkata – 700069.
West Bengal.

Office Address

251 B-Wing,First Floor,
Orchard Corporate Park, Royal Palms,
Arey Road, Goreagon East,
Mumbai – 400065.

Download Our Mobile App

IndSamachar Android App IndSamachar IOS App
To Top
WhatsApp WhatsApp us