NEW DELHI, Aug 22: Crude oil futures today fell by Rs 11, or 0.16 per cent, to Rs 6,739 per barrel as speculators trimmed positions amid a weakening trend in the Asian trade.
At the Multi Commodity Exchange, crude oil for delivery in October fell by Rs 11, or 0.16 per cent, to Rs 6,739 per barrel in 98 lots.
Similarly, the oil for September delivery moved down by Rs 7, or 0.10 per cent, to Rs 6,738 per barrel in 1,225 lots.
Analysts attributed fall in crude prices at futures trade to a weak trend in the Asian region on easing concerns about Middle East supply.
Meanwhile, West Texas Intermediate crude prices for delivery in October was down 2 cents to USD 103.83 a barrel in mid-morning trade on the New York Mercantile Exchange. (PTI)
Follow our WhatsApp channel