NEW DELHI, Sept 14: Crude oil futures fell 1.03 per cent to Rs 2,969 per barrel today as speculators trimmed positions amid a mixed trend in Asian trade.
Crude oil for delivery in September at Multi Commodity Exchange traded down Rs 31, or 1.03 per cent, at Rs 2,969 per barrel in 4,582 lots.
Similarly, oil for October delivery moved down by Rs 28, or 0.92 per cent, to Rs 3,029 per barrel in 529 lots.
The trading sentiment eased in futures trade largely in tune with a mixed trend in Asian trade today ahead of a US interest rate decision, with weak demand in an oversupplied market keeping a lid on any gains, analysts said.
Meanwhile, West Texas Intermediate (WTI) crude for October delivery was up 5 cents to USD 44.68 while Brent for October fell 16 cents to USD 47.98 a barrel in late-morning trade at the New York Mercantile Exchange. (PTI)
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