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New Delhi, May 10 (PTI) Crude oil futures on Tuesday marginally dropped by 0.01 per cent to Rs 7,978 per barrel as participants trimmed their positions on low demand.

On the Multi Commodity Exchange, crude oil for May delivery fell by Re 1 or 0.01 per cent to Rs 7,978 per barrel with a business volume of 5,485 lots.

Globally, West Texas Intermediate crude oil was trading 0.04 per cent up at USD 103.13 per barrel while Brent crude was quoting 0.10 per cent lower at USD 105.83 per barrel in New York. PTI AJ AJ

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