Crude oil futures on Tuesday fell by Rs 11 to Rs 4,390 per barrel after participants reduced positions, tracking a subdued trend in global markets.
On the Multi Commodity Exchange, crude oil for January delivery dropped by Rs 11, or 0.25 per cent, to Rs 4,390 per barrel with a business volume of 18,029 lots.
Crude oil for February delivery was quoting lower by Rs 9, or 0.2 per cent, at Rs 4,388 per barrel with an open interest of 436 lots.