Oil prices were mixed in Asian trade today as a pick-up in Chinese industrial output and forecasts of a sharper-than-expected decline in US stockpiles buoyed crude markets. New York's main contract, light sweet crude lost 25 cents to 99.12 dollar a barrel, while Brent North Sea crude rose 49 cents to 120.65 dollar on its last trading day.
News On AIR | June 15, 2011 12:10 PM
Oil prices mixed in Asian trade