Crude oil futures decline on low demand

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New Delhi, Feb 11 (PTI) Crude oil futures on Thursday fell 0.82 per cent to Rs 4,250 per barrel, as participants cut their positions on low demand.

On the Multi Commodity Exchange, crude oil for the February delivery eased by Rs 35, or 0.82 per cent, to Rs 4,250 per barrel with a business volume of 4,367 lots.

Globally, West Texas Intermediate crude oil was trading 0.56 per cent lower at USD 58.35 per barrel, while Brent crude was quoting 0.62 per cent down at USD 61.09 per barrel in New York. PTI SHW HRS hrs