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Crude Oil Futures Decline on Weak Spot Market Demand

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Dion Global

31 Jul 2025

Crude oil futures slipped by Rs 30 to Rs 6,146 per barrel on Thursday, as traders reduced their positions amid sluggish demand in the spot market.

At the Multi Commodity Exchange, crude oil contracts for August delivery dropped Rs 30, or 0.49%, to Rs 6,146 per barrel, with a volume of 11,323 lots.

According to analysts, the decline was driven by participants offloading their holdings in response to soft demand in the physical market.