Crude oil futures slip on low demand

Crude oil futures on Thursday declined 1.09 per cent to Rs 6,332 per barrel as participants trimmed their positions on low demand.

On the Multi Commodity Exchange, crude oil for December delivery fell by Rs 70 or 1.09 per cent to Rs 6,332 per barrel in a business volume of 6,806 lots.

Globally, West Texas Intermediate crude oil was trading 1.02 per cent lower at USD 76.49 per barrel, and Brent crude was down 0.87 per cent to USD 81.98 per barrel in New York.