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Crude oil down 0.2% on global cues

Marketmen said the fall in crude oil futures prices was mostly in line with a mixed trend in Asian trade

<a href="http://www.shutterstock.com/pic-33742723/stock-photo-many-barrels-of-oil-on-a-white-background.html?src=4E5JmKDWXyFhy3gm4lyKlQ-1-32" target="_blank">Crude Oil</a> image via Shutterstock

Press Trust of India New Delhi
Crude oil futures eased by 0.29% to Rs 6,135 per barrel today in line with a mixed trend in Asian trade.

At the Multi Commodity Exchange, crude oil for delivery in January fell Rs 18, or 0.29%, to Rs 6,135 per barrel, with a business volume of 725 lots.

Oil prices for February contracts moved down by Rs 17, or 0.27% to Rs 6,177 per barrel, with a business volume of 12 lots.

Marketmen said the fall in crude oil futures prices was mostly in line with a mixed trend in Asian trade as dealers engaged in profit-taking with a lack of leads to spur fresh market movement.
 
Meanwhile, crude oil for delivery in February was down by 24 cents to $98.67 a barrel on the New York Mercantile Exchange, while Brent North Sea crude for February rose 8 cents to $111.64.

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First Published: Dec 24 2013 | 12:40 PM IST

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