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Crude oil futures for May fell by Rs 93 or 1.71%, to Rs 5,344 per barrel in 1,380 lots.
At the Multi Commodity Exchange (MCX), the April contract moved down by Rs 92, or 1.70%, to Rs 5,308 per barrel in 23,153 lots.
Prices fell as speculators trimmed positions.
Trading sentiment weakened further after crude oil prices declined in Asian trade as investors booked profits after a run-up in prices last week before the long Easter break.
On the New York Mercantile Exchange (NYMEX), the May contract shed shed 39 cents to $96.84 a barrel.
