India, July 17 -- Crude oil futures edged lower on Thursday to Rs 5,633 per barrel as traders pared their positions in response to subdued demand in the spot market.
At the Multi Commodity Exchange (MCX), August delivery contracts slipped by Rs 1 or 0.02%, with a trading volume of 10,133 lots.
According to analysts, the decline was driven by participants offloading holdings amid tepid demand conditions.
Published by HT Digital Content Services with permission from Dion Global Solutions Limited....