Crude oil futures on Wednesday shed 2.16 per cent to Rs 1,906 per barrel as participants trimmed their positions on weak global cues.
On the Multi Commodity Exchange, crude oil for May delivery fell by Rs 42, or 2.61 per cent, to Rs 1,906 per barrel with a business volume of 5,977 lots.
Crude oil for June delivery was quoting lower by Rs 54, or 2.66 per cent, at Rs 1,975 per barrel with an open interest of 1,662 lots.
Globally, West Texas Intermediate crude oil was trading down by 0.89 per cent at USD 25.55 per barrel.
Meanwhile, Brent Crude futures was trading 2.07 per cent lower at USD 29.36 per barrel in New York.