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News1816-02-2026, 15:15

Crude Oil Futures Drop 1% Amid Weak Global Trends, Demand Concerns

  • Crude oil futures fell nearly 1% to Rs 5,675 per barrel on Monday.
  • The decline was attributed to weak global benchmarks and cautious investor sentiment.
  • February delivery contract on MCX decreased by Rs 48, or 0.84%.
  • March contract also slipped by Rs 38, or 0.66%, to Rs 5,694 per barrel.
  • International markets saw West Texas Intermediate and Brent Crude fall 0.27% each.

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