Oil was mixed in Asia today as the International Energy Agency's lower forecast for growth in world energy demand weighed on the market.The Paris-based IEA yesterday projected that global oil demand would grow by 795,000 barrels per day to a total of over 90 million barrels a day in 2013.New York's main contract, light sweet crude for delivery in May, dropped 19 cents to over 93 dollars a barrel and Brent North Sea crude for May delivery gained nine cents to over 104 dollars in mid-morning trade.
News On AIR | April 12, 2013 1:22 PM
Oil mixed in Asia trade as Int'l Energy Agency lowers demand forecast