New Delhi, Oct 7 (PTI) Crude oil futures on Wednesday fell by 1.28 per cent to Rs 2,934 per barrel as participants reduced their positions on low demand.
On the Multi Commodity Exchange, crude oil for October delivery eased by Rs 38, or 1.28 per cent, to Rs 2,934 per barrel with a business volume of 2,922 lots.
Crude oil for November delivery was quoting lower by Rs 33, or 1.1 per cent, at Rs 2,972 per barrel with an open interest of 139 lots.
Globally, West Texas Intermediate crude oil was trading 1.77 per cent lower at USD 39.95 per barrel, while Brent crude was quoting 1.38 per cent lower at USD 42.06 per barrel in New York. PTI SHW RUJ RUJ