Crude oil futures down 0.41% on weak Asian cues

New Delhi: Crude oil futures prices fell 0.41 per cent to Rs 6,076 per barrel, after speculators reduced exposures amid a weak trend in Asian trade. At the Multi Commodity Exchange, crude oil for delivery in June fell by Rs 25, or 0.41 per cent, to Rs 6,076 per barrel in 2,665 lots.

Oil for the July delivery moved down by Rs 23, or 0.38 per cent, to Rs 6,067 per barrel with a turnover of 101 lots. The sentiment turned weak in futures trade largely in line with a weak trend in Asia on hopes of Ukraine crisis easing, analysts said. Meanwhile, West Texas Intermediate crude oil for the July delivery shed 20 cents to USD 102.44 a barrel in mid-morning trade on the New York Mercantile.