Brent crude trading lower at $67.36/bbl

Crude oil futures fell Rs 8 to Rs 5,614 per barrel as participants trimmed their positions, tracking weak demand in the spot market.

Crude oil for September delivery declined Rs 8 or 0.14 per cent to Rs 5,614 per barrel in 10,158 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 0.24 per cent lower at $63.52 per barrel, while Brent Crude fell 0.19 per cent to $67.36 per barrel in New York.