MCX crude oil futures fall 2.87% to ₹8,660
In short
Crude oil futures for October delivery fell on the Multi Commodity Exchange. They dropped ₹256, or 2.87%, to ₹8,660 per barrel, with turnover of 12,220 lots.
The fall was linked to weak global cues. The report does not say which cues, or whether prices moved again later.
What the reporting says
Crude oil futures for October delivery fell on the Multi Commodity Exchange on weak global cues, slipping ₹256, or 2.87%, to ₹8,660 per barrel. The contract traded in a business turnover of 12,220 lots. The report does not specify which global cues drove the move or whether the decline continued afterward.
Why it matters
The move was reported in MCX crude oil futures for October delivery, where the contract fell to ₹8,660 per barrel in active trading. The market reaction was tied to weak global cues, but the source does not identify the specific external factors behind the decline. The immediate effect is a lower domestic crude futures price and a notable price move for traders.