New Delhi witnessed crude oil price fall by Rs 419 to Rs 8,185 per barrel in futures trade on Monday due to weak global trends.
The Multi Commodity Exchange reported a slump of Rs 419, or 4.87%, in crude oil futures for the August delivery, amounting to Rs 10,482 lots in business turnover.
Analysts attributed this decline to participants offloading their holdings amid weak demand in the spot market.
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