Home / MCX Energy / MCX Crude futures down 0.35% to Rs 6,062 per barrel on mixed Asian cues

MCX Crude futures down 0.35% to Rs 6,062 per barrel on mixed Asian cues

Crude futures down today by 0.35 per cent to Rs 6,062 per barrel in the midst of mixed trend in Asian trade careworn on weak manufacturing data from the U.S. and China.

At MCX, crude for February delivery fell by Rs 21 or 0.35 per cent, to Rs 6,062 per barrel.

Crude for March delivery fell by Rs 9, or 0.15 percent to 6,065 rupees per barrel.

Analysts said a mixed trend in Asian trade amid worries about weak manufacturing data from the U.S. and China, the two largest world economies, mainly put pressure on crude futures here.

In the meantime, at NYMEX crude oil for March delivery gained 21 cents to $ 96.64 a barrel in mid-morning trading. Brent North Sea fell six cents, to $ 105.98.

Reported News Source: Business Standard

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