India, Sept. 16 -- Crude oil futures edged lower on Tuesday, falling Rs 8 to Rs 5,579 per barrel as traders pared positions amid muted demand in the spot market.
On the Multi Commodity Exchange (MCX), September delivery contracts dropped by Rs 8, or 0.14%, to 5,579 per barrel in a turnover of 4,297 lots.
Analysts said the decline was driven by participants offloading holdings due to sluggish demand in the physical market.
Published by HT Digital Content Services with permission from Dion Global Solutions Limited....