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Govt ups windfall tax on crude, ONGC & OIL to take hit
Crude oil futures on Monday declined 0.06 per cent to Rs7,255 per barrel as participants trimmed their positions on low demand.
Globally, West Texas Intermediate (WTI) crude oil was trading 0.39 per cent lower at $87.35 per barrel, while Brent crude was trading down at 0.57 per cent to $90.37 per barrel in New York. On MCX, crude oil for October delivery fell Rs4 or 0.06 per cent to Rs7,255 per barrel with a business volume of 4,676 lots.
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