Crude oil futures prices fell 0.43 per cent to Rs 6,085 per barrel today, as speculators trimmed their positions, tracking a weak trend in the Asian trade on profit-taking.
On the Multi Commodity Exchange, crude oil for delivery in July shed Rs 26 or 0.43 per cent to Rs 6,085 per barrel in 3,241 lots. Likewise, August contracts moved down by Rs 26 or 0.42 per cent to Rs 6,092 per barrel in 692 lots.
Trading sentiment eased at the futures trade as crude oil prices declined in the Asian trade largely on profit-taking, but remained concerned about the political turmoil in Egypt, analysts said.
Meanwhile, crude oil prices for August delivery was down 8 per cent at $101.16 a barrel on the New York Mercantile Exchange after ending at its highest level yesterday since May last year.
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