New Delhi: Crude oil futures fell 0.26 per cent to Rs 2,736 per barrel on Monday as participants reduced their positions on low demand. On the Multi Commodity Exchange, crude oil for September delivery fell Rs 7, or 0.26 per cent, to Rs 2,736 per barrel with a business volume of 3,953 lots.

Crude oil for October delivery was quoting lower by Rs 11, or 0.39 per cent, at Rs 2,775 per barrel with an open interest of 254 lots.

Globally, West Texas Intermediate crude oil was trading 0.48 per cent lower at USD 37.15 per barrel, while Brent crude was quoting 0.55 per cent lower at USD 39.61 per barrel in New York.