 "Crude oil futures down 0.5% on Asian cues")
Crude oil futures for May fell by Rs 24 or 0.47%, to Rs 5,047 per barrel in 4,780 lots.
At the Multi Commodity Exchange (MCX), the June contract moved down by a similar margin to Rs 5,080 per barrel in a turnover of 340 lots.
Prices fell after speculators reduced exposures.
On the New York Mercantile Exchange (NYMEX), the June contract shed 48 cents to $92.52 a barrel.
At the Multi Commodity Exchange (MCX), the June contract moved down by a similar margin to Rs 5,080 per barrel in a turnover of 340 lots.
Prices fell after speculators reduced exposures.
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Trading sentiment remained bearish as crude prices declined in Asian trade as weak economic data from the US sparked concerns over a softer demand.
On the New York Mercantile Exchange (NYMEX), the June contract shed 48 cents to $92.52 a barrel.
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