Crude oil futures decline on low demand

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New Delhi, Feb 16 (PTI) Crude oil futures on Tuesday fell 0.14 per cent to Rs 4,363 per barrel as participants cut their positions due to low demand.

On the Multi Commodity Exchange, crude oil for the February delivery eased by Rs 6, or 0.14 per cent, to Rs 4,363 per barrel with a business volume of 3,385 lots.

West Texas Intermediate crude oil was trading 0.76 per cent higher at USD 59.92 per barrel, while Brent crude oil was quoting 0.09 per cent down at USD 63.24 per barrel in New York. PTI SHW HRS hrs