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Crude oil futures prices today eased 0.35 per cent to Rs 5,619 per barrel, as speculators trimmed positions amid a weak trend in the Asian trade.
Trading sentiment turned weak at the futures trade after oil prices fell in Asia following the return of disrupted Libyan production into an already well-stocked global market and as dealers await the latest US inventory report, analysts said.
On the Multi Commodity Exchange, crude oil for delivery in October shed Rs 20 or 0.35 per cent to Rs 5,619 per barrel in 706 lots.
Similarly, the oil for November delivery contracts moved down by Rs 16 or 0.28 per cent to Rs 5,617 per barrel in a volume of 21 lots.
Meanwhile, West Texas Intermediate (WTI) crude oil for November delivery was down one cent at $91.55, while Brent crude for November fell 32 cents $96.53 a barrel, in late-morning trade on the New York Mercantile Exchange.
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