Crude oil prices fell by 0.62 per cent on Monday at the domestic markets as a fifth straight slump in construction output in the Euro area signaled a deepening recession in the 17-member economy, dimming the demand outlook for the fuel. Euro zone construction output fell 1.7 per cent in March 2013, following a 0.3 per cent drop in the previous month. At the MCX, crude oil futures for May 2013 contract were trading at Rs. 5,269 per barrel, down by 0.62 per cent, after opening at Rs. 5,291 against the previous closing price of Rs. 5,302.GET FREE
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