January 17, 2013 12:14 PM

printer

Oil prices fall in Asia trade

Oil prices fell in Asian trade today on profit-taking and the restarting of a British pipeline. New York's main contract, light sweet crude for delivery in February shed 17 cents to 94.07 dollar a barrel after the contract rose to its highest levels since September on data showing strong US demand. Brent North Sea crude for March delivery was down 94 cents to 109.67 dollar in volatile trading that saw prices see-sawing. The February contract expired yesterday.

Most Read
View All arrow-right

No posts found.