New Delhi: Crude oil futures on Monday fell ₹2 to ₹5,652 per barrel, as participants trimmed their positions, tracking weak demand in the spot market.
On the Multi-Commodity Exchange, crude oil for September delivery declined ₹2, or 0.04 per cent, to ₹5,652 per barrel in 11,249 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 0.37 per cent lower at USD 63.77 per barrel, while Brent Crude fell 0.39 per cent to USD 67.22 per barrel in New York.
