Crude futures down at Rs 4,746 per barrel

Crude oil futures prices fell 0.11 per cent to Rs 4,746 per barrel today as speculators trimmed positions amid a weak trend in the Asian trade.

At the Multi Commodity Exchange, crude oil for delivery in July shed Rs 5 or 0.11 per cent to Rs 4,746 per barrel having a business volume of 9,928 lots.

Similarly, the oil for August delivery moved down by Rs 4 or 0.1 per cent, to Rs 4,789 per barrel in a turnover of 596 lots.

Marketmen said the fall in crude oil futures prices was mostly attributed to a weakening trend in Asian trade.

Meanwhile, crude oil for delivery in July, which expires today, was down 12 cents to $83.91 a barrel on the New York Mercantile Exchange.