Crude oil futures decline on low demand

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New Delhi, Nov 2 (PTI) Crude oil futures on Monday fell by 2.88 per cent to Rs 2,566 per barrel as participants reduced their positions on low demand.

On the Multi Commodity Exchange, crude oil for November delivery eased by Rs 76, or 2.88 per cent, to Rs 2,566 per barrel with a business volume of 3,868 lots.

Globally, West Texas Intermediate crude oil was trading 4.02 per cent lower at USD 34.35 per barrel, while Brent crude declined 3.48 per cent to USD 36.62 per barrel in New York. PTI SHW RUJ RUJ