New Delhi, Dec 9: Crude oil prices on Thursday fell by Rs 4 to Rs 5,464 per barrel after participants cut their positions.
On the Multi Commodity Exchange, crude oil for December delivery dropped by Rs 4, or 0.07 per cent, to Rs 5,464 per barrel with a business volume of 4,442 lots.
Analysts said the fall in crude oil futures was due to the trimming of positions by traders amid a weak spot demand.
Globally, West Texas Intermediate crude oil was trading 0.17 per cent lower at USD 72.24 per barrel.
Meanwhile, Brent crude, the international benchmark, eased by 0.32 per cent to trade at USD 75.58 per barrel in New York. (PTI)
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