New Delhi, February 10 Crude oil prices fell by Rs 45 to Rs 5,825 per barrel in futures trading on Tuesday, amid weak global trends, as concerns about oversupply weighed on prices.
On the Multi Commodity Exchange, crude oil futures for March delivery declined by Rs 45, or 0.77 per cent, to Rs 5,825 per barrel in a trading turnover of 1,093 lots.
Analysts said the prices fell after participants offloaded their holdings amid weak demand in the spot market.
Globally, West Texas Intermediate crude oil was trading 0.33 per cent lower at USD 64.15 per barrel, while Brent Crude fell 0.25 per cent to USD 68.87 per barrel in New York.
