Skip to content
Guavy Logo GUAVY
Sign up
Back to Guavy Wire
Commodities

Crude Oil Prices Slide Amid Weak Global Trends

Guavy AI Editorial Team
Instruments
Oil
Share

New Delhi: Crude oil prices took a hit in futures trade on Wednesday due to weak global cues. The price of crude oil for October delivery fell by Rs 168, or 1.73 per cent, to Rs 9,571 per barrel on the Multi Commodity Exchange. Analysts attributed the decline to participants offloading their holdings amid weak demand in the spot market.

Globally, West Texas Intermediate (WTI) crude was trading 1.11 per cent lower at USD 104.65 per barrel, while Brent crude declined 0.73 per cent to USD 107.96 per barrel in New York. The weak global trend affected the domestic market, leading to a decline in crude oil prices.

More on Commodities

Commodities just now

Copper Price Bounces off $6.36 Support Amid Strong Chinese Factory Activity

Commodities 1m ago

Europe's Energy Crisis Sparks Concerns About Super Micro Computer Inc

Commodities 1m ago

Natural Gas Futures Fluctuate Beneath $3 Handle Amid Bull-Bear Struggle

Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Guavy Logo GUAVY

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

Navigate

Markets

Resources

© 2026 Guavy Inc

Terms Privacy Policy