 "Crude oil down 2.6% on weak Asian cues")
Crude oil futures prices dipped 2.69% today to Rs 6,735 per barrel, as speculators trimmed positions amid a weakening trend in Asian trade.
At the Multi Commodity Exchange, crude oil for delivery in September fell by Rs 186, or 2.69%, to Rs 6,735 per barrel in 8,496 lots.
Similarly, oil for delivery in October moved down by Rs 186, or 2.68%, to Rs 6,750 per barrel in 927 lots.
Also Read
The trading sentiment eased at futures trade as crude oil fell after a US-Russia deal on Syria's chemical weapons averted a potential Western military strike on the Assad regime, analysts said.
Meanwhile, West Texas Intermediate (WTI) crude for October delivery eased 82 cents to $107.39 a barrel on the New York Mercantile Exchange today.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%