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Crude oil futures slip on subdued demand

 

Crude oil futures on Saturday fell by Rs 6 to Rs 3,677 per barrel after participants reduced positions on subdued demand.

The Multi Commodity Exchange (MCXNSE -2.71 %), which usually remains closed on weekend, was open for trading on Saturday on account of the presentation of the Union Budget.

On MCX, crude oil for February delivery dropped by Rs 6, or 0.16 per cent, to Rs 3,677 per barrel with a business volume of 9,852 lots.

 

 

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