Crude oil futures fell 0.15 per cent to Rs 3,418 per barrel today as speculators trimmed their positions amid a weak trend in Asian market.
Trading sentiment turned weak at the futures trade following a fall in crude oil prices in pre-holiday Asian trade ahead of the release of a key US supply report, analysts said.
On the Multi Commodity Exchange, crude oil for delivery in January shed Rs 5 or 0.15 per cent to Rs 3,418 per barrel in 2,635 lots.
The oil for February delivery moved down by Rs 4 or 0.11 per cent to Rs 3,475 per barrel in a volume of 187 lots.
Meanwhile, West Texas Intermediate (WTI) crude oil for February delivery was down by 38 cents to $53.74 a barrel, while Brent crude for February delivery eased 49 cents to $57.41 per barrel in mid-morning trade on the New York Mercantile Exchange.