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Brent crude trading lower at $89.77/bbl
Crude oil futures declined by 1.4 per cent to Rs6,711 per barrel as participants trimmed their positions on low demand. Globally, West Texas Intermediate (WTI) crude oil was trading 1.10 per cent lower at $81.04 per barrel, and Brent crude was down 1.05 per cent to $84.44 per barrel in New York. On MCX, crude oil for August delivery fell by Rs95 or 1.4 per cent to Rs6,711 per barrel with a business volume of 7,884 lots.
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