Crude oil futures trade lower on MCX

Crude oil futures traded lower on MCX as speculators reduced exposures amidst a weak trend in Asian trade. Moreover, ample crude supplies coupled with sluggish demand from Asia also influenced the commodity prices. The contract for November delivery was trading Rs 4857.00, down by 0.08% or Rs 4.00 from its previous closing of Rs 4861.00. The open interest of the contract stood at 15935.00 lots. The contract for December delivery was trading at Rs 4885.00, down by 0.02% or Rs 1.00 from its previous closing of Rs 4886.00. The open interest of the contract stood at 2230.00 lots on MCX.