Pressure on Brent crude futures

Crude oil futures fell 1% to Rs 6,456 a barrel as participants trimmed positions on weak demand. On the MCX, crude oil for delivery in August fell by Rs 65 or 1% to Rs 6,456 per barrel with a business volume of 8,437 lots. Globally, West Texas Intermediate (WTI) crude traded 0.75% higher at $77.01 a barrel, while Brent crude was trading 0.70% higher at $81.14 a barrel. barrel, in New York.