Oil fell in Asian trade today as traders took profits following a rally in New York brought about by a weak US dollar. New York's main contract, light sweet crude for December delivery, fell eight cents to 82.44 dollars a barrel. The contract had closed yesterday 83 cents higher at 82.52 dollars. Brent North Sea crude for December delivery was nine cents lower at 83.45 dollars after closing 96 cents stronger on Monday.
News On AIR | October 26, 2010 1:00 PM
Asian trade sees oil price falling