India, Dec. 16 -- Crude oil futures on Tuesday edged lower by Rs 2 to Rs 5,158 per barrel as participants pared their positions amid weak demand in the spot market.
On the Multi Commodity Exchange (MCX), crude oil contracts for January delivery declined Rs 2, or 0.04%, to trade at Rs 5,158 per barrel, with volumes of 11,315 lots.
Analysts said prices eased as traders offloaded positions in response to subdued spot market demand.
Published by HT Digital Content Services with permission from Dion Global Solutions Limited....