Crude oil futures fall 0.33% on profit booking

Crude oil futures fell 0.33 per cent to Rs 3,895 per barrel Friday after speculators booked profits at existing high levels.

Crude oil for delivery in August was trading lower by Rs 13, or 0.33 per cent, at Rs 3,895 per barrel with a business volume of 49,295 lots on Multi Commodity Exchange (MCX).

The oil for delivery in September also lost Rs 12, or 0.31 per cent, to Rs 3,918 per barrel in 519 lots.

Crude oil prices firmed up globally with the global benchmark Brent gaining 0.33 per cent at USD 63.60 a barrel and West Texas Intermediate by 0.55 per cent at USD 56.33.