Brent Crude trade lower at $68.37/bbl

Crude oil futures on Wednesday fell Rs 37 to Rs 5,644 per barrel, as participants trimmed their positions, tracking weak demand in the spot market.

On the Multi-Commodity Exchange, crude oil for October delivery declined Rs 37, or 0.65 per cent, to Rs 5,644 per barrel in 9,862 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 0.12 per cent lower at $64.44 per barrel, while Brent Crude fell 0.15 per cent to $68.37 per barrel in New York.