 "Crude oil down 0.2% on global cues")
Crude oil futures eased by 0.29% to Rs 6,119 per barrel today in line with a mixed trend in Asian trade.
At the Multi Commodity Exchange, crude oil for delivery in January next year fell Rs 18, or 0.29%, to Rs 6,119 per barrel, with a business volume of 329 lots.
Oil prices for December contracts moved down by Rs 17, or 0.28% to Rs 6,062 per barrel, with a business volume of 2,689 lots.
Meanwhile, crude oil for delivery in January was down by 1 cent, to $97.49 a barrel on the New York Mercantile Exchange, while Brent North Sea crude for January rose four cents to $108.71.
At the Multi Commodity Exchange, crude oil for delivery in January next year fell Rs 18, or 0.29%, to Rs 6,119 per barrel, with a business volume of 329 lots.
Oil prices for December contracts moved down by Rs 17, or 0.28% to Rs 6,062 per barrel, with a business volume of 2,689 lots.
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Marketmen said the fall in crude oil futures prices was mostly in line with a mixed trend in Asian trade as dealers worried about a global oversupply in crude, while speculation the US Federal Reserve will soon scale back its stimulus programme.
Meanwhile, crude oil for delivery in January was down by 1 cent, to $97.49 a barrel on the New York Mercantile Exchange, while Brent North Sea crude for January rose four cents to $108.71.
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