Oil eased in Asian trade today after surging to 82 dollars a barrel.New York's light sweet crude lost 11 cents to 81.26 dollars a barrel while Brent North Sea crude eased two cents to 79.67 dollars a barrel.Analysts say the decline is due to boost in investor sentiment on account of decline in USenergy reserves.
News On AIR | October 22, 2009 3:20 PM
Oil eases in Asian trade