Crude oil futures slip Rs 29 to Rs 3,972 per barrel

Crude oil futures on Wednesday fell by Rs 29 to Rs 3,972 per barrel after participants reduced positions tracking a subdued trend in global markets.

On the Multi Commodity Exchange, crude oil for delivery in December dropped by Rs 29, or 0.72 per cent, to Rs 3,972 per barrel with a business volume of 24,415 lots.

For the January delivery, crude oil was quoting lower by Rs 30, or 0.74 per cent, at Rs 3,981 per barrel in 308 lots.

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