Crude oil futures prices today fell by 0.46% to Rs 5,203 per barrel, as speculators trimmed positions amid a weakening trend in the Asian trade.
The trading sentiment turned weak at futures trade as crude oil prices declined in Asian trade after OPEC kept its output ceiling unchanged and voiced concerns over weak global economic growth dragging crude demand, analysts said.
At the Multi Commodity Exchange (MCX), the June contract shed Rs 24 or 0.46%, to Rs 5,203 per barrel in 9,335 lots.
The July contract moved down by Rs 16, or 0.46%, to Rs 5,234 per barrel in 700 lots.
Meanwhile, the April contract shed 19 cents to $91.78 a barrel on the New York Mercantile Exchange (NYMEX).
