 "Crude oil down 0.7% on weak Asian cues")
Crude oil futures prices today fell by 0.74% to Rs 6,193 per barrel, as speculators trimmed positions amid a weakening trend in the Asian trade.
At the Multi Commodity Exchange, crude oil for delivery in January next year fell Rs 54, or 0.74%, to Rs 6,193 per barrel in 3,671 lots.
Similarly, the oil for February delivery moved down by Rs 41, or 0.65%, to Rs 6,234 per barrel in 156 lots.
Meanwhile, crude oil for February delivery was down 26 cents at $98.78 a barrel on the New York Mercantile Exchange.
At the Multi Commodity Exchange, crude oil for delivery in January next year fell Rs 54, or 0.74%, to Rs 6,193 per barrel in 3,671 lots.
Similarly, the oil for February delivery moved down by Rs 41, or 0.65%, to Rs 6,234 per barrel in 156 lots.
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The trading sentiment turned weak at futures trade after crude oil prices declined in Asian trade on profit-taking following gains in New York fuelled by upbeat sentiment over the US Federal Reserve's decision to start easing its stimulus programme, marketmen said.
Meanwhile, crude oil for February delivery was down 26 cents at $98.78 a barrel on the New York Mercantile Exchange.
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