Brent Crude trade lower at $63.73/bbl

Crude oil futures declined by Rs 70 to Rs 5,277 per barrel as participants trimmed their positions amid subdued demand and weak trends in the overseas markets.

Crude oil for December delivery fell 1.31 per cent in 10,601 lots. Market participants said the pullback was largely due to weak demand conditions in the international market, prompting traders to offload some of their holdings.

On the global front, West Texas Intermediate (WTI) crude oil for December delivery was trading 1.13 per cent lower at $59.41 per barrel, while Brent Crude for January 2026 contract fell 1.03 per cent to $63.73 per barrel in New York.