Crude oil futures decline on low demand

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New Delhi, Dec 23 (PTI) Crude oil futures fell by Rs 35 to Rs 3,449 per barrel on Wednesday as participants cut their positions on low demand.

On the Multi Commodity Exchange, crude oil for the January delivery eased by Rs 35, or 1 per cent, to Rs 3,449 per barrel with a business volume of 1,555 lots.

Globally, West Texas Intermediate crude oil was trading 0.68 per cent lower at USD 46.70 per barrel, while Brent crude was quoting 0.60 per cent lower at USD 49.78 per barrel in New York. PTI SHW RUJ RUJ