On the Multi Commodity Exchange, crude oil contracts for June delivery fell by Rs 30, or 0.82 per cent, to Rs 3,615 per barrel with a business turnover of 22,310 lots.
PTI
@moneycontrolcom
Crude oil futures Tuesday declined sharply by 0.82 per cent to Rs 3,615 per barrel as speculators cut bets to take profits off the table amid weak global cues.
On the Multi Commodity Exchange, crude oil contracts for June delivery fell by Rs 30, or 0.82 per cent, to Rs 3,615 per barrel with a business turnover of 22,310 lots.
Analysts said trading sentiments turned weak after oil prices eased in global markets, and profit-booking by speculators led to a further fall in the prices.
First Published on Jun 18, 2019 01:52 pm