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Crude oil futures fell 0.52 per cent to Rs 5,582 per barrel today as speculators trimmed positions amid a weak trend in Asian trade.
On the Multi Commodity Exchange, crude oil for delivery in October fell Rs 29 or 0.52 per cent to Rs 5,582 per barrel in 514 lots.
Besides, the oil for November delivery moved down by Rs 20 or 0.36 per cent to Rs 5,592 per barrel in 18 lots.
Analysts said the decline in crude oil prices at the futures trade was primarily after it fell in the Asian trade ahead of key Chinese manufacturing data for clues about demand in the world’s top energy consumer.
Meanwhile, West Texas Intermediate crude for October delivery eased 31 cents to $92.10, while Brent crude for November was down 44 cents at $97.95 a barrel in late-morning trade on the New York Mercantile Exchange.
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