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Crude oil down 0.4% on Asian cues

Crude oil for delivery in June fell by Rs 21.

<a href="http://www.shutterstock.com/pic-33742723/stock-photo-many-barrels-of-oil-on-a-white-background.html?src=4E5JmKDWXyFhy3gm4lyKlQ-1-32" target="_blank">Crude Oil</a> image via Shutterstock
Press Trust of India New Delhi
Last Updated : Jun 04 2013 | 2:48 PM IST
Crude oil prices today fell by 0.40% to Rs 5,266 per barrel, after speculators reduced exposures amid weak trend in Asian trade.
    
At the Multi Commodity Exchange, crude oil for delivery in June fell by Rs 21, or, 0.40%, to Rs 5,266 per barrel in 6,298 lots.
    
Crude oil for the July delivery moved down by Rs 20, or, 0.38%, to Rs 5,297 per barrel in a turnover of 561 lots.
    

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The trading sentiment dampened at futures trade as crude fell in Asian trade as data showing weak manufacturing activity in China suggested growth in the world's second largest economy was slowing, analysts said.
   
Meanwhile, crude oil for the July delivery dropped 34 cents to $93.11 a barrel on the New York Mercantile Exchange.

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First Published: Jun 04 2013 | 2:44 PM IST

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