Crude oil futures decline on low demand

New Delhi: Crude oil futures on Friday declined 0.37 per cent to Rs 6,434 per barrel as participants trimmed their positions on low demand. On the Multi Commodity Exchange, crude oil for March delivery fell Rs 24 or 0.37 per cent to Rs 6,434 per barrel with a business volume of 5,223 lots. Globally, West Texas Intermediate crude oil traded 0.03 per cent lower at $78.93 per barrel, while Brent crude was trading 0.31 per cent lower at $82.60 per barrel in New York.