Crude oil futures fell Rs. 15 to Rs. 2,493 per barrel today as speculators offloaded bets amid a weak trend in Asian markets. Trading sentiment turned weak at the futures trade after oil prices resumed their slide in Asian markets as a spurt in the number of US oil rigs in use and the prospects of renewed crude exports from the country compounded a global oversupply, analysts said.
Source : http://www.thehindubusinessline.com/markets/commodities/crude-oil-futures-decline-to-rs-2493-per-barrel/article8013700.ece?ref=wl_markets