• Rajasthan

    Cong 102
    BJP 72
    RLM 0
    OTH 25
  • Madhya Pradesh

    Cong 113
    BJP 106
    BSP 4
    OTH 7
  • Chhattisgarh

    Cong 67
    BJP 15
    JCC 7
    OTH 1
  • Telangana

    TRS-AIMIM 84
    TDP-Cong 24
    BJP 3
    OTH 8
  • Mizoram

    MNF 26
    Cong 5
    BJP 1
    OTH 8

* Total Tally Reflects Leads + Wins

Crude oil futures slide on weak Asian cues

By: | Published: July 11, 2016 11:39 AM

Crude oil futures fell 0.85 per cent to Rs 3,033 per barrel today, in line with a weak trend in Asian trade, as speculators indulged in trimming positions.

Analysts said fall in crude oil futures is mostly in tune with a weak trend in Asian trade as an increase in US drilling activity and a strong dollar reversed gains from last week's better-than-forecast US jobs report. (Reuters)Analysts said fall in crude oil futures is mostly in tune with a weak trend in Asian trade as an increase in US drilling activity and a strong dollar reversed gains from last week’s better-than-forecast US jobs report. (Reuters)

Crude oil futures fell 0.85 per cent to Rs 3,033 per barrel today, in line with a weak trend in Asian trade, as speculators indulged in trimming positions.

Crude oil for delivery this month was trading lower by Rs 26 or 0.85 per cent at Rs 3,033 per barrel with a business volume of 5,363 lots at Multi Commodity Exchange (MCX).

Also, oil prices for August delivery fell by Rs 23 or 0.74 per cent at Rs 3,098 per barrel with a business volume of 275 lots.

Analysts said fall in crude oil futures is mostly in tune with a weak trend in Asian trade as an increase in US drilling activity and a strong dollar reversed gains from last week’s better-than-forecast US jobs report.

Meanwhile, West Texas Intermediate was down 39 cents or 0.86 per cent to trade at USD 45.02 while global benchmark Brent was down 37 cents or 0.79 per cent to USD 46.30 per barrel.

Get live Stock Prices from BSE and NSE and latest NAV, portfolio of Mutual Funds, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.

Switch to Hindi Edition