Brent crude trade lower at $60.34/bbl

Crude oil prices declined by Rs 110 to Rs 5,100 per barrel in the futures trade on Wednesday tracking weak global cues amid easing supply concerns.

Crude oil futures for January delivery declined 2.11 per cent in a business turnover of 16,723 lots. The February contract also depreciated by Rs 94, or 1.8 per cent, to Rs 5,125 per barrel in 5,076 lots.