Commodity Online MUMBAI: Crude oil futures continued to trade down in the international market on Thursday as the US dollar remained firm with the support of rising unemployment reports in Europe.
At the MCX counter the crude was traded in tandem with global trends. MCX July Crude oil futures were down Rs 18 at Rs 3284 per barrel. It bottomed out from Rs 3262 earlier today. The subsequretn support are around Rs 3240 and 3195 levels.
By midday in Europe, benchmark crude for August delivery was down $1.35 to $67.96 a barrel in electronic trading on the New York Mercantile Exchange. On Tuesday, it fell 58 cents to settle at $69.31.
Trade commodities or equities from across the globe. Join NowThe euro slipped to $1.4079 on Thursday from $1.4148 late Wednesday in New York, while the British pound was down to $1.6363 from $1.6474.
