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

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News18•16-02-2026, 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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