Crude oil futures fall 0.29%, hurt by weak global cues


Crude oil futures fall 0.29%, hurt by weak global cues

Crude oil futures fell 0.29 per cent to Rs 4,545 per barrel today in line with a weak overseas trend. Crude oil for delivery in May was trading lower by Rs 13, or 0.29 per cent, at Rs 4,545 per barrel with a business volume of 1,889 lots at Multi Commodity Exchange (MCX).

Also, oil prices for June delivery was trading lower by Rs 13 or 0.28 per cent at Rs 4,552 per barrel with a business volume of 147 lots.

Analysts said fall in crude oil futures is mostly in tune with a weak trend in global market and profit-booking by speculators. Read More

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