Crude futures hits lower circuit
Crude oil futures on Wednesday hit the lower circuit by losing 4.71 per cent on the MCX on speculative selling by traders, taking cues from weak global markets amid a surge in the dollar value.
Brent crude futures fell by more than a dollar to one-month lows below $114 a barrel on Tuesday, hit by worries over demand growth as a potential political vacuum in Italy revived fears over instability in the debt-plagued euro zone.