Amid profit-booking by speculators and weak trend in the Asian trade, crude oil futures declined by 0.47% to Rs 4,911 per barrel today.
At the Multi Commodity Exchange, crude oil for delivery in December shed Rs 23, or 0.47 per cent, to Rs 4,934 per barrel, with a business volume of 12,200 lots.
Similarly, the oil for January delivery moved down by Rs 23, or 0.46 per cent, to Rs 4,968 per barrel, with a turnover of 817 lots.
Marketmen said the fall in crude oil futures prices was in line with a weakening trend in Asia after ratings agency Moody's downgraded the French government bond rating.
Meanwhile, crude oil for delivery in January was down 31 cents to $88.97 a barrel on the New York Mercantile Exchange.
