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Crude oil futures down 0.42% on profit-booking

However, firm trend in Asian trade caps losses; Nymex crude up 52 cents

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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

Press Trust of India New Delhi
Crude oil futures fell by 0.19 per cent to Rs 5,828 per barrel today as speculators booked profits.
    
However, a firm trend in the Asian trade capped the losses.
    
At the Multi Commodity Exchange, crude oil for delivery in December traded Rs 11, or 0.19 per cent, lower at Rs 5,828 per barrel in 1,502 lots.
    
January crude lost Rs 8, or 0.14 per cent, to Rs 5,889 per barrel in 102 lots.
    
The trading sentiment turned weak at futures trade after participants locked-in gains at prevailing levels but a firming trend in Asian trade on upbeat manufacturing data in China, the world's top energy consumer, limited losses in crude futures here.
 
    
Meanwhile, crude oil for January delivery was up by 52 cents to USD 93.24 a barrel on the New York Mercantile Exchange.

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First Published: Dec 02 2013 | 12:59 PM IST

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