Crude oil down 0.8% on weak Asian cues
Trading sentiment turned weak at futures trade after crude oil prices declined in Asian trade
 "Crude oil down 0.8% on weak Asian cues")
Crude oil futures prices today fell by 0.89% to Rs 6,218 per barrel, as speculators trimmed positions amid a weakening trend in the Asian trade.
At the Multi Commodity Exchange, crude oil for delivery in March fell by Rs 56 or 0.89%, to Rs 6,218 per barrel in 2,812 lots.
Similarly, the oil for April delivery moved down by Rs 60, or 0.89%, to Rs 6,226 per barrel in 223 lots.
Meanwhile, West Texas Intermediate crude oil for April delivery shed 33 cents to USD 101.12 a barrel on the New York Mercantile Exchange.
At the Multi Commodity Exchange, crude oil for delivery in March fell by Rs 56 or 0.89%, to Rs 6,218 per barrel in 2,812 lots.
Similarly, the oil for April delivery moved down by Rs 60, or 0.89%, to Rs 6,226 per barrel in 223 lots.
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The trading sentiment turned weak at futures trade after crude oil prices declined in Asian trade on data showing weaker US energy demand, analsyts said.
Meanwhile, West Texas Intermediate crude oil for April delivery shed 33 cents to USD 101.12 a barrel on the New York Mercantile Exchange.