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Crude oil futures ease amid weak spot demand

On the Multi-Commodity Exchange, crude oil for October delivery declined Rs 37, or 0.65 per cent, to Rs 5,644 per barrel in 9,862 lots.

New Delhi: Crude oil futures on Wednesday fell Rs 37 to Rs 5,644 per barrel, as participants trimmed their positions, tracking weak demand in the spot market.

On the Multi-Commodity Exchange, crude oil for October delivery declined Rs 37, or 0.65 per cent, to Rs 5,644 per barrel in 9,862 lots.

Analysts said the prices were affected after participants offloaded their holdings amid weak demand in the spot market.

Globally, West Texas Intermediate crude oil was trading 0.12 per cent lower at USD 64.44 per barrel, while Brent Crude fell 0.15 per cent to USD 68.37 per barrel in New York

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This post was last modified on September 17, 2025 2:21 pm

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