Tuesday, December 16, 2025 | 06:53 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Crude oil down 0.02% on global cues

Marketmen said the fall in crude oil futures prices was mostly in tune with a weak trend in Asian trade

<a href="http://www.shutterstock.com/pic-33742723/stock-photo-many-barrels-of-oil-on-a-white-background.html?src=4E5JmKDWXyFhy3gm4lyKlQ-1-32" target="_blank">Crude Oil</a> image via Shutterstock

Press Trust of India New Delhi
Crude oil eased to Rs 6,079 per barrel today in line with a weak trend in Asian trade as speculators trimmed positions.

At the Multi Commodity Exchange, crude oil for delivery in January fell by Re one, or 0.02%, to Rs 6,079 per barrel, with a business volume of 548 lots.

Oil prices for delivery in February next year contracts fell by a similar margin to trade at Rs 6,110 per barrel, in business volume of 20 lots.

Marketmen said the fall in crude oil futures prices was mostly in tune with a weak trend in Asian trade on growing expectations the US Federal Reserve will scale back its stimulus programme after a key two-day policy meeting starting today.
 

Meanwhile, crude oil for delivery in January was down 11 cents, to $97.37 a barrel on the New York Mercantile Exchange, while Brent North Sea crude for February shed 20 cents to $109.21.

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Dec 17 2013 | 3:37 PM IST

Explore News