New Delhi: Crude oil futures on Monday declined by 2.3 per cent to Rs 8,123 per barrel as participants trimmed their positions on low demand.
On the Multi Commodity Exchange, crude oil for July delivery fell by Rs 191 or 2.3 per cent to Rs 8,123 per barrel with a business volume of 4,310 lots.
Globally, West Texas Intermediate crude oil was trading 2.40 per cent lower at USD 102.27 per barrel, and Brent crude was 2.28 per cent down at USD 104.58 per barrel in New York.
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