New Delhi, Crude oil futures fell by Rs 11 to Rs 5,611 per barrel on Thursday as traders cut their positions due to weak demand in the spot market.
At the Multi-Commodity Exchange, the price of crude oil contract for October delivery fell by Rs 35, or 0.62 percent, to Rs 5,611 per barrel with a turnover of 4,866 lots.
Analysts said prices were impacted by traders cutting their positions amid weak demand in the spot market.
Globally, West Texas Intermediate crude oil was trading at $63.72 per barrel, down 0.52 percent, in New York, while Brent crude fell 0.44 percent to $67.65 per barrel.
