Oil was lower in Asian trade today on concerns that Greece may face difficulties delivering on tough economic reforms after clinching a huge bailout from its eurozone partners. New York's main contract, light sweet crude for delivery in April, was down 45 cents at 105.80 dollars per barrel, while Brent North Sea crude for April delivery shed 55 cents to 121.11 dollars in morning trade.
News On AIR | February 22, 2012 10:53 AM
Crude oil trades lower amid Greece concerns