April 18, 2011 2:01 PM
Oil prices down in Asian trade on profit-taking
Oil dipped in Asian trade on Monday as traders locked in profits after gains last week, analysts said.New York's main contract, light sweet crude for delivery in May fell 70 cents to USD 108.96 a barrel.Brent North Sea crude for June eased 42 cents to USD 123.03."After three days o...