Crude oil futures declined by 0.27 per cent to Rs 4,882 per barrel today in line with a weak trend in Asian trade.
At the Multi Commodity Exchange,crude oil for delivery in October shed Rs 13,or 0.27 per cent,to Rs 4,882 per barrel,with a business volume of 12,826 lots.
Similarly,the oil for November delivery moved down by Rs 13,or 0.26 per cent,to Rs 4,911 per barrel,with a turnover of 1,122 lots.
Marketmen said the fall in crude oil futures prices was in line with a weakening trend in Asia amid concern that global stimulus measures won8217;t be enough to bolster growth,curbing demand prospects,put pressure on crude futures price here.
Meanwhile,crude oil for delivery in November was down 33 cents to USD 91.04 a barrel on the New York Mercantile Exchange.