Brent Crude trade lower at $63.93/$

Crude oil prices slipped Rs 30 to Rs 5,487 per barrel in the futures trade on Wednesday, amid weak trends in the overseas markets. Crude oil futures for February delivery fell 0.54 per cent in a business turnover of 14,494 lots.

Analysts said the prices fell after participants offloaded their holdings amid weak demand in the spot market.

Globally, West Texas Intermediate (WTI) crude oil was trading 1.31 per cent lower at $59.57 per barrel, while Brent Crude fell 1.52 per cent to $63.93 per barrel in New York.