Crude Oil futures prices today fell 0.84 percent to Rs 2,818 per barrel,
after speculators reduced exposures amid a weak trend in Asian trade.
At the Multi Commodity Exchange, crude oil for delivery in February fell
by Rs 24, or 0.84 percent, to Rs 2,818 per barrel in 2,486 lots. Oil
for the far-month March delivery moved down by Rs 22, or 0.75 percent,
to Rs 2,893 per barrel with a turnover of 156 lots. Oil for the
far-month March delivery moved down by Rs 22, or 0.75 percent, to Rs
2,893 per barrel with a turnover of 156 lots. Lead prices eased by 0.39 per cent to Rs 114.85 per kg in futures trading today on weakness in Base Metals at the London Metal Exchange (LME) amidst subdued demand from battery makers at domestic spot markets. At the Multi Commodity exchange, lead for delivery in February declined by 45 paise, or 0.39 percent, to Rs 114.85 per kg in a business turnover of 140 lots. On similar lines, the metal for delivery in January traded lower by 35 paise, or 0.31 percent, to Rs 113.75 per kg in 131 lots. Market analysts said besides subdued demand from battery makers in the spot market, weakness in base metals at the LME ahead of this weekend's release of manufacturing data from China, the biggest metals consumer, led to the fall in lead prices in futures trade here.
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