New Document top_band
 
Business Standard

Crude oil declines on weak global cues

Prices down on expectations of contagion effect of the Eurozone crisis

Related News

prices today fell 0.22% to Rs 5,086 per barrel, as speculators engaged in reducing their positions amid a weakening trend overseas.

At the , crude oil for delivery in the June contract declined by Rs 11, or 0.22%, to Rs 5,086 per barrel in a turnover of 5,188 lots.

The July contract moved down by Rs 10, or 0.21%, to Rs 5,031 per barrel in 163 lots.

Analysts said trading sentiments remained weak at futures trade after crude oil prices fell in Asia amid expectations that Europe's sputtering economy will drag on global crude .

The July contract on the New York Mercantild Exchange fell 41 cents to $90.35 a barrel.

Read more on:   
|
|
|
|
|

Read More

Crude oil futures down on weak Asian cues

Continuing its slide, crude oil futures price today fell marginally by 0.04% to Rs 4,960 per barrel as speculators engaged in reducing their ...

Quick Links

 

Market News

Crude palm oil up 0.2% on spot demand

Oil for delivery in July moved up marginally by 0.14%

Lead up 0.3% on spot demand

Metal for delivery in August gained 0.07%

Copper down 0.1% on global cues, weak demand

Metal for delivery in far-month November traded lower by 0.08%

Cardamom up 1% on spot demand

Traders enlarge commitments as tight stocks following lower arrivals from growing regions fuel uptrend

Nickel sheds 0.25% on subdued demand

Lower offtake from alloy makers drives prices down, but gains in London cap losses

Back to Top