Crude oil futures down 0.4% on Asian cues
Prices fell as speculators reduced exposures
 "Crude oil futures down 0.4% on Asian cues")
Crude oil prices today fell by 0.40% to Rs 5,266 per barrel, after speculators reduced exposures amid weak trend in Asian trade.
At the Multi Commodity Exchange (MCX), the June contract fell by Rs 21, or, 0.40%, to Rs 5,266 per barrel in 6,298 lots.
The July contract moved down by Rs 20, or, 0.38%, to Rs 5,297 per barrel in 561 lots.
Meanwhile, crude oil for the July delivery dropped 34 cents to $93.11 a barrel on the New York Mercantile Exchange (NYMEX).
At the Multi Commodity Exchange (MCX), the June contract fell by Rs 21, or, 0.40%, to Rs 5,266 per barrel in 6,298 lots.
The July contract moved down by Rs 20, or, 0.38%, to Rs 5,297 per barrel in 561 lots.
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Trading sentiment dampened at futures trade as crude fell in Asian trade as data showing weak manufacturing activity in China suggested grow thin the world's second largest economy was slowing, analysts said.
Meanwhile, crude oil for the July delivery dropped 34 cents to $93.11 a barrel on the New York Mercantile Exchange (NYMEX).