NEW DELHI, Nov 25: Crude oil futures prices fell by 1.32 per cent to Rs 5,913 per barrel today, as speculators trimmed positions amid a weakening trend in the Asian trade.
At the Multi Commodity Exchange, crude oil for delivery in December fell Rs 79, or 1.32 per cent, to Rs 5,913 per barrel in 1,772 lots.
Similarly, oil for delivery in January next year moved down by Rs 76, or 0.78 per cent, to Rs 5,977 per barrel in 78 lots.
The trading sentiment turned weak at futures trade after crude oil prices fell sharply in Asian markets following a key deal between world powers and Iran on its controversial nuclear programme, analysts said.
Meanwhile, Brent North Sea crude, the European benchmark, for January delivery fell USD 2.48, or 2.23 per cent, in early Asian trade to USD 108.57.
New York’s main contract, West Texas Intermediate (WTI) for January, was down 84 cents, or about one per cent, at USD 94 in mid-morning trade. (PTI)
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