Brent crude trading $77.85/bbl

Crude oil futures fell Rs26 to Rs6,401 per barrel as participants trimmed their positions tracking weak demand in the overseas market. On MCX, crude oil for February delivery traded lower by Rs26 or 0.4 per cent at Rs6,401 per barrel in 8,083 lots. Analysts said the prices were affected following participants offloading their holdings amid weak global cues. Globally, West Texas In-termediate (WTI) crude declined 0.86 per cent to $74.02 per barrel while Brent crude was trad-ing 0.83 per cent lower at $77.85 per barrel in New York.