May 17, 2013 11:16 AM

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Oil eases in Asia trade

Oil prices eased in Asia today as poor housing and employment data from the United States sparked concerns of weaker crude demand in the world's biggest economy.New York's main contract, light sweet crude for delivery in June, dropped 14 cents to 95.02 dollar a barrel and Brent North Sea crude for July delivery shed 15 cents to 103.63 dollar in mid-morning trade.

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