Crude oil futures down 0.6% on global cues
investors waiting for release of US payrolls data affected the crude oil futures trade
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Crude oil futures for April shed Rs 30, or 0.57%, to Rs 5,274 per barrel in 4,441 lots.
At the Multi Commodity Exchange (MCX), the May contract moved down by 0.56% to Rs 5,312 per barrel in 373 lots.
Weakening trend in Asia as a pipeline closure in the US led to fears that inventories could rise and investors waiting for release of US payrolls data affected the crude oil futures trade.
On the New York Mercantile Exchange (NYMEX), the May contract moved down by 57 cents, to $96.62 a barrel.
At the Multi Commodity Exchange (MCX), the May contract moved down by 0.56% to Rs 5,312 per barrel in 373 lots.
Weakening trend in Asia as a pipeline closure in the US led to fears that inventories could rise and investors waiting for release of US payrolls data affected the crude oil futures trade.
On the New York Mercantile Exchange (NYMEX), the May contract moved down by 57 cents, to $96.62 a barrel.
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First Published: Apr 03 2013 | 2:17 PM IST