Crude oil prices fell by Rs 9, or 0.10 per cent, to Rs 3,780 per barrel in futures trade today, as traders reduced their holdings after it fell in the Asian trade.
Trading sentiment turned bearish after oil prices declined in the Asian trade, with investor interest muted ahead of a US Federal Reserve policy meeting.
The Federal Reserve is due to meet later Tuesday, under pressure to bolster the world's largest economy after recent disappointing data.
At the Multi Commodity Exchange platform, crude oil for September fell by Rs 9, or 0.10 per cent, to Rs 3,780 per barrel, with a turnover of 132 lots.
Similarly, the oil for delivery in August-month declined by Rs 8, or 0.09 per cent, to Rs 3,748 per barrel, with an open interest of 2,646 lots.
In global markets, New York's main contract for crude delivery in September, dropped 24 cents to $81.24 a barrel.
