NEW DELHI, Jan 29: Crude oil futures prices today fell by 1.14 per cent to Rs 6,063 per barrel, as speculators trimmed positions amid a weakening trend in the Asian trade.
At the Multi Commodity Exchange, crude oil for delivery in February fell by Rs 70, or 1.14 per cent, to Rs 6,063 per barrel in 7,880 lots.
Similarly, the oil for March delivery moved down by Rs 63, or 1.03 per cent, to Rs 6,077 per barrel in 398 lots.
The sentiment turned weak at futures trade after crude oil prices declined in Asian trade on expectations of an increase in US inventories and as traders await a Federal Reserve decision on the future of stimulus programme, analysts said.
Meanwhile, crude oil for March delivery shed 23 cents to USD 97.18 a barrel on the New York Mercantile Exchange. (AGENCIES)
Follow our WhatsApp channel