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BS:Crude oil futures down 0.6% on weak Asian cues
 
Crude oil futures prices today fell by 0.56% to Rs 5,334 per barrel, after speculators reduced exposures amid weak trend in Asian trade.

At the Multi Commodity Exchange (MCX), the June contract fell by Rs 30, or 0.56%, to Rs 5,334 per barrel in 10,276 lots.

The July contract moved down by Rs 28, or 0.52%, to Rs 5,362 per barrel in 890 lots.

The trading sentiment weakened at futures trade as crude prices declined in Asian trade after traders booked profits ahead of key inventory data from the US, analysts said.

Meanwhile, crude oil for the July delivery dropped 20 cents to $94.81 a barrel on the New York Mercantile Exchange (NYMEX).
Source