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Oil cos’ pre-tax profit soaring to Rs 1trn
New Delhi: Crude oil futures on Wednesday declined by 0.82 per cent to Rs5,802 per barrel as participants trimmed their positions on low demand. Globally, West Texas Intermediate (WTI) crude oil was trading 0.93 per cent higher at $70.44 per barrel, and Brent crude fell 1.19 per cent to $75.34 per barrel in New York. On MCX, crude oil for July delivery fell by Rs48 or 0.82 per cent to Rs5,802 per barrel with a business volume of 10,245 lots.
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