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Crude oil futures fall 1.3% on weak overseas cues

Press Trust of India  |  New Delhi 

plunged by Rs 49 to Rs 3,711 per barrel Monday as speculators reduced bets amid a weakening trend overseas.

At Multi Commodity Exchange, crude for delivery in February dropped by Rs 49, or 1.30 per cent, to Rs 3,711 per barrel in 7,010 lots.

Marketmen said trading sentiments at futures trade dampened after fell in global markets.

Meanwhile, Intermediate (WTI) crude fell 1.35 per cent to USD 52.01, while Brent crude fell 0.93 per cent to USD 61.52 per barrel on the

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, February 11 2019. 11:40 IST
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