NEW DELHI, July 28: Crude oil futures fell 0.52 per cent to Rs 6,118 per barrel today as speculators reduced their positions amid a weakening trend in Asian trade.
At the Multi Commodity Exchange, crude oil for delivery in August shed Rs 32, or 0.52 per cent, to Rs 6,118 per barrel in 1,025 lots.
In a similar manner, the oil for September delivery moved down by Rs 21, or 0.34 per cent, to Rs 6,088 per barrel in 32 lots.
The trading sentiment eased at futures trade after crude oil prices fell in Asian trade ahead of the release of US economic growth and jobs data later in the week, while investors track events in Ukraine and the crude-rich Middle East, analysts.
Meanwhile, West Texas Intermediate (WTI) crude for September delivery dipped 51 cents to USD 101.58 while Brent crude for September declined 43 cents to USD 107.96 a barrel at the New York Mercantile Exchange in late morning trade today. (PTI)
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