Crude oil futures down 0.3% on weak Asian cues
Prices declined as speculators trimmed positions
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<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
Crude oil futures for June shed Rs 13, or 0.25%, to Rs 5,143 per barrel in 206 lots.
At the Multi Commodity Exchange (MCX), the May contract moved down by Rs 11, or 0.21%, to Rs 5,113 per barrel in 1,935 lots.
Prices declined as speculators trimmed positions.
Also Read
Weakening trend in Asia after traders took profits from recent gains also affected the crude oil futures.
On the New York Mercantile Exchange (NYMEX), crude oil June contract was down 17 cents, to $94.33 a barrel.
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First Published: Apr 30 2013 | 2:13 PM IST
