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(As on May 19, 2025, 12:52)

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Crude oil futures slip on weak global cues

Crude oil futures fell by Rs 56 to Rs 5,295 per barrel on Monday, as traders pared down positions in response to subdued demand in the international market.

On the Multi Commodity Exchange (MCX), the June crude oil contract declined by Rs 56 or 1.05% to Rs 5,295 per barrel, with 7,479 lots traded.

Analysts attributed the dip to profit booking and weak global sentiment influencing investor behavior.

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