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Last Updated : Oct 31 2013 | 1:48 PM IST
Crude oil futures declined by 0.10% to Rs 5,948 per barrel today in line with a weak trend in Asian trade.
At the Multi Commodity Exchange, crude oil for delivery in November shed Rs 6, or 0.10%, to Rs 5,948 per barrel, with a business volume of 765 lots.
Oil prices for December delivery moved down by Rs 3, or 0.05%, to Rs 5,999 per barrel, with a business volume of 46 lots.
Marketmen said the fall in crude oil futures prices was mostly in line with a weakening trend in Asia after the US Federal Reserve kept its stimulus programme unchanged but gave a rosier than expected summary of the economy that fuelled rumours it will start winding down soon.
Meanwhile, crude oil for delivery in December was down by 20 cents to $96.57 a barrel on the New York Mercantile Exchange.
First Published: Oct 31 2013 | 1:45 PM IST