Crude oil futures prices declined by 0.37 per cent to Rs 5,130 per barrel today largely in tandem with a weak trend in Asian trade on profit-booking.

At the Multi Commodity Exchange, crude oil for delivery in October shed Rs 19 or 0.37 per cent to Rs 5,130 per barrel with a business volume of eight lots.

Similarly, the oil for November delivery moved down by Rs 18 or 0.3 per cent to Rs 5,167 per barrel with a turnover of three lots.

Marketmen said the fall in crude oil futures prices was mostly in line with a weakening trend in Asian trade on profit-booking after last week rally ahead of the release of Chinese trade data later this week.

Meanwhile, crude oil for delivery in September fell 12 cents to $91.28 a barrel on the New York Mercantile Exchange.

(This article was published on August 6, 2012)
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