Prices of Crude on Friday declined by Rs 28 to Rs 4,762 per barrel in the futures trade after the participants reduced their positions.

On the Multi Commodity Exchange, (MCX) crude oil for the May delivery dropped by Rs 28, or 0.58 percent, to Rs 4,762 per barrel with a business volume of 6,182 lots.

Meanwhile, brent crude, the international benchmark, lowered 0.10 per cent to trade at USD 68.02 per barrel in New York.

Globally, West Texas Intermediate (WTI) crude oil was trading 0.15 per cent lower at USD 64.61 per barrel.

As per Analysts point of view,  the fall in crude oil futures was mostly due to trimming of positions by traders amid a weak spot demand.

Indian Markets continue to perform higher led by metal, media and financial stocks. Sensex tops 49,236, up 287 points while. Nifty 50 trades over 14,831 up by 107 points at around 3.10 pm.

Elsewhere, At the London Metal Exchange, Copper has risen to as much as USD 10,246.50. Furthermore, steel prices are booming in Asia and North America. Hong Kong base metals have also recorded double-digit growth this year. 

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