Crude futures down on mixed Asian cues, post Fed rate decision

Crude oil futures fell 0.26 per cent to Rs 3,089 per barrel today as speculators trimmed positions amid a mixed trend in Asian trade.
Crude oil for delivery in far-month September at Multi Commodity Exchange traded down Rs 8, or 0.26 per cent, at Rs 3,089 per barrel in 2,080 lots.
Similarly, oil for October delivery moved down by Rs 8, or 0.25 per cent, to Rs 3,132 per barrel in 250 lots.
The trading sentiment weakened in futures trade largely in tandem with a weak trend in Asian trade today after the US Fed decided to hold off on interest rates, but warned about weaknesses in the global economy, analysts said.

Meanwhile, West Texas Intermediate (WTI) crude for October delivery eased 13 cents to USD 46.77 while Brent for November rose six cents to USD 49.14 a barrel at the New York Mercantile Exchange.