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Crude oil futures fell 0.25 per cent to Rs 5,991 per barrel today as speculators trimmed positions amid a weak trend in Asian markets.
Trading sentiment turned weak at the futures trade following fall in crude oil prices in the Asian trade due to sell-off on Wall Street and concerns about unplanned refinery shutdowns in the US midwest, analysts said.
On the Multi Commodity Exchange, crude oil for delivery in August shed Rs 15 or 0.25 per cent to Rs 5,991 per barrel in 1,145 lots.
Similarly, the oil for September delivery moved down by Rs 11 or 0.18 per cent to trade at Rs 5,981 per barrel in a volume of 86 lots.
Meanwhile, West Texas Intermediate (WTI) crude oil for September delivery eased 19 cents to $97.98 a barrel, while Brent crude for September delivery was down 13 cents at $105.89 per barrel in mid-morning trade on the New York Mercantile Exchange.
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