|
|
|
| |
BS:Crude oil futures down 0.4% on weak Asian cues |
|
| |
Crude oil futures prices today fell by 0.40% to Rs 5,538 per barrel, as speculators trimmed positions amid a weakening trend in the Asian trade.
At the Multi Commodity Exchange, crude oil for delivery in June shed Rs 22 or 0.40%, to Rs 5,538 per barrel in 7,348 lots.
Similarly, crude oil for July delivery moved down by Rs 21, or 0.39%, to Rs 5,571 per barrel in 983 lots.
Meanwhile, crude oil for July delivery shed 37 cents to $95.51 a barrel on the New York Mercantile Exchange.
Analysts said a weak trend in Asian trade after a surprise rise in US crude stockpiles mainly put pressure on crude oil prices at futures trade here.
|
| Source |
|
|
|
|
|