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Commodities

Brent Crude Slips Below $106 as Global Trends Weaken

Guavy AI Editorial Team
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Oil
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Crude oil prices have declined in India's futures market due to weak global trends. The price of Brent crude fell by 0.94% to $105.60 per barrel in New York, while West Texas Intermediate (WTI) crude dropped 1.75% to $92.95 per barrel.

In the futures trade on the Indian market, crude oil prices fell by Rs 233 to Rs 8,934 per barrel. The decrease was attributed to participants offloading their holdings due to weak demand in the spot market.

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