Crude oil futures down 0.21% on Asian cues

Crude oil futures for February shed Rs 11, or 0.21%, to Rs 5,176 per barrel in 6,786 lots.

At the Multi Commodity Exchange (MCX), the March contract also moved down by similar margin to Rs 5,222 per barrel in 625 lots.

Prices dropped as participants reduced positions.

Weakening trend overseas on profit-booking affected the crude oil futures.

On the New York Mercantile Exchangethe (NYMEX), the March contract dropped by 25 cents to $97.52 a barrel .