NEW DELHI, Dec 8: Crude oil futures fell 1.84 per cent to Rs 4,044 per barrel today amid a weak trend in Asian markets.
At the Multi Commodity Exchange, crude oil for delivery in December fell by Rs 76, or 1.84 per cent, to Rs 4,044 per barrel in 1,531 lots.
The January contract of oil dropped by Rs 74, or 1.78 per cent, to Rs 4,080 per barrel in 158 lots.
Analysts said crude oil hitting five-year lows in Asian trade following weak trade data of China and strengthening dollar kept futures prices under pressure here.
At global level, the West Texas Intermediate crude for January delivery was down 81 cents to USD 65.03 while Brent crude for January eased 82 cents to USD 68.25 per barrel in late-morning trade on the New York Mercantile Exchange. (PTI)
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