Crude Oil Futures Down on Asian Cues
New Delhi: Crude oil futures prices fell by 0.11 percent to 
4,746 per barrel as speculators trimmed positions amid a weak trend in the Asian trade.
At the Multi Commodity Exchange, crude oil for delivery in July shed 5, or 0.11 percent, to 4,746 per barrel, having a business volume of 9,928 lots.
August crude lost 4, or 0.10 percent, to 4,789 per barrel, in a turnover of 596 lots.
Marketmen said the fall in crude oil futures prices was mostly attributed to a weakening trend in Asian trade.
Meanwhile, crude oil for delivery in July, which expires today, was down 12 cents to $83.91 a barrel on the New York Mercantile Exchange.
Source: PTI
4,746 per barrel as speculators trimmed positions amid a weak trend in the Asian trade.
At the Multi Commodity Exchange, crude oil for delivery in July shed 5, or 0.11 percent, to 4,746 per barrel, having a business volume of 9,928 lots.
August crude lost 4, or 0.10 percent, to 4,789 per barrel, in a turnover of 596 lots.
Marketmen said the fall in crude oil futures prices was mostly attributed to a weakening trend in Asian trade.
Meanwhile, crude oil for delivery in July, which expires today, was down 12 cents to $83.91 a barrel on the New York Mercantile Exchange.
