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NEW DELHI: Maintaining a downward trend, crude oil today fell further in futures trading, largely on back of weakening trend on the global front. Crude oil for the most-active March-month contract fell 2.70 per cent to Rs 2,556 per barrel on the Multi C ommodity Exchange. The contract clocked one lot.

Similarly, January contract declined 1.44 per cent at Rs 2,322 per barrel in trading volume of 1,087 lots and December contract by 1.34 per cent at Rs 2,209 per barrel in trading of 8,768 lots, while February fell 1.26 per cent to Rs 2,429 per barrel wit h trading volume of 23 lots.

Market analysts said sentiment remained weak after crude oil fell to a near four-year low in global markets on demand worries due to dismal economic signalled. On the New York Mercantile Exchange, crude for January delivery fell 10 cents to 43.57 dollar a barrel. - PTI

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