 "Crude oil futures down 0.4% on weak Asian cues")
Crude oil futures prices today fell by 0.44% to Rs 5,638 per barrel, as speculators trimmed positions amid a weakening trend in the Asian trade on profit-booking.
At the Multi Commodity Exchange (MCX), the June contract shed Rs 25, or 0.44%, to Rs 5,638 per barrel in 5,780 lots.
Similarly, the July contract moved down by Rs 24, or 0.42%, to Rs 5,668 per barrel in 1,343 lots.
Meanwhile, crude oil for the April delivery dropped 19 cents to $97.66 a barrel on the New York Mercantile Exchange (NYMEX).
At the Multi Commodity Exchange (MCX), the June contract shed Rs 25, or 0.44%, to Rs 5,638 per barrel in 5,780 lots.
Similarly, the July contract moved down by Rs 24, or 0.42%, to Rs 5,668 per barrel in 1,343 lots.
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The trading sentiment eased at futures trade as crude oil prices declined in Asian trade after investors took profits following last week's rally triggered by concerns over rising tensions in the West Asia, analysts said.
Meanwhile, crude oil for the April delivery dropped 19 cents to $97.66 a barrel on the New York Mercantile Exchange (NYMEX).
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