Crude oil futures declined 0.1 per cent to Rs 5,948 per barrel today in line with a weak trend in Asian trade.
On the Multi Commodity Exchange, crude oil for delivery in November shed Rs 6 or 0.1 per cent to Rs 5,948 per barrel with a business volume of 765 lots.
Similarly, the oil prices for December delivery moved down by Rs 3 or 0.05 per cent to Rs 5,999 per barrel with a business volume of 46 lots.
Marketmen said that the fall in crude oil futures was mostly in line with a weak trend in Asia after the US Federal Reserve kept its stimulus programme unchanged but gave a rosier-than-expected summary of the economy that fuelled rumours it will start winding down soon.
Meanwhile, crude oil for delivery in December was down by 20 cents to $96.57 a barrel on the New York Mercantile Exchange.