Crude Oil Futures Decline to Rs 7,189 Per Barrel

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Crude Oil Futures Slip to Rs 7,189 Amid Global Uncertainties

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News18•06-03-2026, 11:45

Crude Oil Futures Slip to Rs 7,189 Amid Global Uncertainties

•Crude oil futures for April delivery fell by Rs 28 (0.39%) to Rs 7,189 per barrel on Friday.
•The decline occurred on the Multi Commodity Exchange with a business turnover of 1,514 lots.
•Analysts attribute the price drop to participants offloading holdings and weak demand in the spot market, coupled with global uncertainties.
•Globally, West Texas Intermediate (WTI) crude traded 1.33% lower at USD 79.93 per barrel.
•Brent Crude also fell 1.12% to USD 84.45 per barrel in New York.

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