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IE:Crude oil future prices down on global cues
 
Crude oil futures declined by 0.27 per cent to Rs 4,882 per barrel today in line with a weak trend in Asian trade.

At the Multi Commodity Exchange, crude oil for delivery in October shed Rs 13, or 0.27 per cent, to Rs 4,882 per barrel, with a business volume of 12,826 lots.

Similarly, the oil for November delivery moved down by Rs 13, or 0.26 per cent, to Rs 4,911 per barrel, with a turnover of 1,122 lots.

Marketmen said the fall in crude oil futures prices was in line with a weakening trend in Asia amid concern that global stimulus measures won't be enough to bolster growth, curbing demand prospects, put pressure on crude futures price here.

Meanwhile, crude oil for delivery in November was down 33 cents to USD 91.04 a barrel on the New York Mercantile Exchange.
Source