Crude oil down 0.4% on weak Asian cues
Prices fell as speculators trimmed positions
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Crude oil futures for May fell by Rs 19 or 0.37%, to Rs 5,158 per barrel in 364 lots.
At the Multi Commodity Exchange (MCX), the April contract moved down by Rs 18, or 0.35%, to Rs 5,115 per barrel in 4,898 lots.
Prices fell as speculators trimmed positions.
Trading sentiment weakened after crude oil prices declined in Asian trade ahead of a US crude inventory report.
On the New York Mercantile Exchange (NYMEX), the May contract shed 24 cents to $93.96 a barrel.
At the Multi Commodity Exchange (MCX), the April contract moved down by Rs 18, or 0.35%, to Rs 5,115 per barrel in 4,898 lots.
Prices fell as speculators trimmed positions.
Trading sentiment weakened after crude oil prices declined in Asian trade ahead of a US crude inventory report.
On the New York Mercantile Exchange (NYMEX), the May contract shed 24 cents to $93.96 a barrel.
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First Published: Apr 10 2013 | 2:17 PM IST