 "Crude oil down 0.4% on weak Asian cues")
Crude oil futures prices today fell further by 0.43% to Rs 6,760 per barrel, as participants indulged in reducing positions, tracking a weak trend in the Asian region.
At the Multi Commodity Exchange, crude oil for delivery in October fell by Rs 29 or 0.43%, to Rs 6,760 per barrel in 610 lots.
In a likewise manner, oil for September moved down by Rs 26, or 0.38%, to Rs 6,731 per barrel in 3,128 lots.
Meanwhile, West Texas Intermediate (WTI) crude for October delivery eased 68 cents to USD 105.91 a barrel on the New York Mercantile Exchange in mid-morning trade today.
At the Multi Commodity Exchange, crude oil for delivery in October fell by Rs 29 or 0.43%, to Rs 6,760 per barrel in 610 lots.
In a likewise manner, oil for September moved down by Rs 26, or 0.38%, to Rs 6,731 per barrel in 3,128 lots.
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Analysts said fall in crude oil futures was attributed to a weak trend in Asian trade on receding fears of a disruption in Middle East supply after a US-Russia deal to avert a Western military strike on Syria.
Meanwhile, West Texas Intermediate (WTI) crude for October delivery eased 68 cents to USD 105.91 a barrel on the New York Mercantile Exchange in mid-morning trade today.