Brent Crude trade lower at $62.73/bbl

Crude oil prices declined Rs 82 to Rs 5,181 per barrel in futures trade tracking weakness in global markets as a strong US dollar and renewed diplomatic moves for a Russia-Ukraine peace deal temper the investor sentiment.

Crude oil for December contract decreased 1.56 per cent in a turnover of 16,396 lots. In the international markets, West Texas Intermediate (WTI) crude oil for January 2026 delivery was trading 1.17 per cent lower at $58.32 per barrel, while Brent Crude for the January 2026 contract declined 1.03 per cent at $62.73 a barrel in New York.