Crude Oil futures decline on low demand

New Delhi, Jun 9 (PTI) Crude oil futures on Friday declined by 0.41 per cent to Rs 5,879 per barrel as participants trimmed their positions on a low demand.

On the Multi Commodity Exchange, crude oil for June delivery fell Rs 24 or 0.41 per cent to Rs 5,879 per barrel with a business volume of 16,343 lots.

Globally, West Texas Intermediate crude oil was trading 0.17 per cent lower at USD 71.17 per barrel, while Brent crude was down 0.13 per cent to USD 75.84 per barrel in New York.