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Crude oil futures prices today fell by 0.35% to Rs 6,036 per barrel, after speculators reduced exposures amid a subdued trend in Asian trade on expectations of a further rise in US inventories.
At the Multi Commodity Exchange, crude oil for delivery in November fell by Rs 21 or 0.35%, to Rs 6,036 per barrel in 2,146 lots.
The oil for December delivery moved down by Rs 18, or 0.29% to Rs 6,085 per barrel in a turnover of 129 lots.
The trading sentiment remained bearish at futures trade as crude prices declined in Asian trade on expectations of a further increase in US stockpiles, indicating weak demand in the world's top consumer, analysts said.
Meanwhile, crude oil for December delivery shed 57 cents to $97.63 a barrel in mid-morning trade on the New York Mercantile Exchange.
