Tuesday, 30 October 2012

Crude oil down 0.4% on Asian cues


MTECHTIPS

Crude oil down 0.4% on Asian cues

Crude oil prices declined by 0.39% to Rs 4,630 per barrel in futures trade today as speculators reduced positions amid a weak trend in Asia.
At the Multi Commodity Exchange, crude oil for delivery in November shed Rs 18, or 0.39%, to Rs 4,630 per barrel, with a business volume of 4,505 lots.
The December contract moved down by Rs 18, or 0.38%, to Rs 4,682 per barrel, with a turnover of 398 lots.
Meanwhile, crude oil for delivery in October was down 28 cents to $85.26 a barrel on the New York

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