New Delhi, Feb 8 (PTI) Crude oil prices fell Rs 31 to Rs 6,769 per barrel on Tuesday after participants reduced their positions.
On the Multi Commodity Exchange, crude oil for the February delivery dropped by Rs 31, or 0.46 per cent, to Rs 6,769 per barrel with a business volume of 11,035 lots.
Analysts said the fall in crude oil futures was due to the trimming of positions by traders amid a weak spot demand.
Globally, West Texas Intermediate crude oil was trading 0.83 per cent lower at USD 90.56 per barrel.
Meanwhile, international benchmark Brent crude was quoting 0.98 per cent lower to trade at USD 91.78 per barrel in New York. PTI RUJ ANU ANU