Crude oil futures shed 0.22% on global cues

Weakening trend in Asia also put pressure on the trade

At the Multi Commodity Exchange today, the crude oil futures for January drifted Rs 11, or 0.22%, to Rs 5,069 per barrel in 4,255 lots.

The February contract moved down by Rs 11, or 0.21%, to Rs 5,115 per barrel in 397 lots.

Marketmen said weakening trend in Asia triggered after US Federal Reserve policy makers signalled they may end a stimulus programme influenced the crude oil trade.

The February contract at the New York Merchantile Exchmage was down 64% to $ 92.28 a barrel.