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Crude oil futures fell 0.63 per cent to Rs 4,753 per barrel today as speculators trimmed positions amid a weak trend in Asian trade.
At the Multi Commodity Exchange, crude oil for delivery in November fell Rs 30 or 0.63 per cent to Rs 4,753 per barrel in 1,329 lots.
Besides, the oil for December delivery moved down by Rs 29 or 0.62 per cent to Rs 4,784 per barrel in 150 lots.
Analysts said the fall in crude oil prices at the futures trade was primarily after it ended losses in the Asian trade as the prospects of a production cut by the OPEC oil cartel dimmed, despite a global supply glut.
Meanwhile, West Texas Intermediate crude for December delivery shed 11 cents to $77.29, while Brent crude for December eased 22 cents to $82.12 a barrel in mid-morning trade on the New York Mercantile Exchange.
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