Crude oil futures ease amid weak global cues

New Delhi, Mar 12 (PTI) Crude oil futures on Wednesday fell Rs 5 to Rs 5,784 per barrel in futures trade as participants trimmed their positions tracking weak demand in the overseas market.

On the Multi Commodity Exchange, crude oil for April delivery traded lower by Rs 5 or 0.09 per cent at Rs 5,784 per barrel in 2,365 lots.

Analysts said the prices were affected following participants offloading their holdings amid weak global cues.

Globally, West Texas Intermediate crude marginally declined 0.02 per cent to USD 66.24 per barrel while Brent crude was trading flat at USD 69.56 per barrel in New York.