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Crude oil NSE -1.51 % futures on Thursday fell by Rs 2 to Rs 3,660 per barrel after participants reduced positions tracking weak spot demand.

On the Multi Commodity Exchange, crude oil for February delivery dropped by Rs 2, or 0.05 per cent, to Rs 3,660 per barrel with a business volume of 28,202 lots.

Crude oil for March delivery was quoting lower by Rs 2, or 0.05 per cent, at Rs 3,689 per barrel with an open interest of 1,224 lots.

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