Oil was down in Asia today after the International Energy Agency (IEA) cut its global crude demand growth forecast for this year and next and data showed rising US stockpiles.New York's main contract, light sweet crude for delivery in November shed 72 cents to over 91 a barrel and Brent North Sea crude for November delivery fell 58 cents to 114.
News On AIR | October 15, 2012 9:56 AM
Oil falls in Asia on sluggish demand