Brent Crude trade lower at $65.85/bbl

Crude oil futures on Friday fell Rs 59 to Rs 5,466 per barrel, as participants trimmed their positions, tracking weak demand in the spot market.

Crude oil for October delivery declined 1.07 per cent in 5,150 lots. Analysts said the prices were affected after participants offloaded their holdings amid weak demand in the spot market.

Globally, West Texas Intermediate crude oil was trading 0.88 per cent lower at $61.82 per barrel, while Brent Crude fell 0.78 per cent to $65.85 per barrel in New York.