Crude Oil Futures Fall on Weak Global Cues

Authored By PTI | Published at: Jul 2, 2026 01:29 PM IST

Open Free Demat Account

New Delhi: Crude oil price fell by Rs 48 to Rs 6,477 per barrel in the futures trade on Thursday amid weak global trends.

On the Multi Commodity Exchange, crude oil futures for the July delivery slipped by Rs 48, or 0.74 per cent, to Rs 6,477 per barrel in a business turnover of 3,883 lots.

Analysts said the prices fell after participants offloaded their holdings amid weak demand in the spot market.

Globally, West Texas Intermediate crude was trading 1.11 per cent lower at USD 67.84 per barrel, while Brent crude declined 1.09 per cent to USD 70.79 per barrel in New York.

(Disclaimer: Except for the headline, this article has not been edited by HDFC Sky editorial team and is auto-generated from PTI feed.)

Disclaimer

At HDFC SKY, we take utmost care and due diligence in curating and presenting news and market-related content. However, inadvertent errors or omissions may occasionally occur.
If you have any concerns, questions, or wish to point out any discrepancies in our content, please feel free to write to us at content@hdfcsec.com.
Please Note: The information shared is intended solely for informational purposes and does not make any investment recommendations

Disclaimer

Business News