Crude oil futures down on mixed Asian cues

NEW DELHI, Dec 23: Crude oil futures declined by 0.15 per cent to Rs 6,183 per barrel today in line with a mixed trend in Asian trade.
At the Multi Commodity Exchange, crude oil for delivery in January shed Rs 9, or 0.15 per cent, to Rs 6,183 per barrel with a business volume of 766 lots.
The oil for February delivery moved down by Rs 7, or 0.11 per cent, to Rs 6,221 per barrel, with a business volume of 24 lots.
Marketmen said the fall in crude oil futures prices was mostly in line with a mixed trend in Asia as investors focused on upbeat US economic growth data raising hopes of resurgent demand in the world’s top crude consumer.
Meanwhile, crude oil for delivery in February was down five cents, to USD 99.27 a barrel, while Brent North Sea crude for February gained five cents to USD 111.82 a barrel on the New York Mercantile Exchange. (AGENCIES)