Crude oil futures were down Rs 35 at Rs 3,606 per barrel today as participants trimmed their positions in line with a weak trend in Asian trade.
On the Multi Commodity Exchange (MCX), crude oil for delivery in July was trading lower by Rs 35 or 0.96 per cent at Rs 3,606 per barrel with a business turnover of 1,099 lots.
Similarly, the oil prices for August delivery shed Rs 31 or 0.84 per cent to trade at Rs 3,654 per barrel, clocking a business volume of 73 lots.
Analysts said the fall is mostly in tune with a weak trend in Asian trade ahead of a weekend bailout reform referendum in Greece that could determine its future in the euro zone.
Meanwhile, West Texas Intermediate for August delivery was down 21 cents at $56.72, while Brent North Sea crude was three cents lower at $62.04 on the New York Mercantile Exchange.