Crude oil futures fell Rs 57 to Rs 3,533 per barrel today as speculators offloaded bets amid a weak trend overseas.
Marketmen said trading sentiment dampened in futures trade here after oil prices retreated in global market on industry data showing US stockpiles rise.
At the Multi Commodity Exchange, crude oil for delivery in current month was trading down by Rs 57, or 1.59 per cent at Rs 3,533 per barrel in 1,863 lots.
The oil for January delivery fell Rs 55, or 1.50 per cent, to Rs 3,606 per barrel in a volume of 145 lots.
West Texas Intermediate (WTI) crude oil eased 68 cents, or 1.28 per cent to USD 52.30 a barrel, while global benchmark Brent crude was down 67 cents, or 1.20 per cent to USD 55.05 per barrel.
Meanwhile, the US inventories rose by 4.68 million barrels last week, said the industry-funded American Petroleum Institute in a report.
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