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(As on May 30, 2025, 13:04)

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Crude Oil Futures Decline Rs 10 to Rs 5,205/Barrel on Weak Demand

Crude oil futures slipped Rs 10 to Rs 5,205 per barrel on Friday, as traders reduced their positions in response to sluggish demand in the spot market.

On the Multi Commodity Exchange (MCX), crude oil contracts for June delivery dropped by 0.19%, with a trading volume of 12,546 lots.

Analysts attributed the price dip to selling pressure from participants amid weak global cues and tepid spot market demand.

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