Crude oil futures decline on low demand

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New Delhi, Dec 24 (PTI) Crude oil futures on Thursday fell by 0.34 per cent to Rs 3,554 per barrel as participants reduced their positions on low demand.

On the Multi Commodity Exchange, crude oil for January delivery eased by Rs 12, or 0.34 per cent, to Rs 3,554 per barrel with a business volume of 1,537 lots.

However, globally, West Texas Intermediate crude oil was trading 0.15 per cent higher at USD 48.19 per barrel, while Brent crude was quoting 0.25 per cent up at USD 51.33 per barrel in New York. PTI SHW RUJ RUJ