Oil prices slid in Asian trade today as traders took profit from recent gains, with weak US energy demand dampening the market's mood despite concerns over tension in Iran and Nigeria. New York's main contract crude for delivery in February, was down 54 cents to 101.70 dollar in morning trade. Brent North Sea crude for February delivery shed 39 cents to 112.89 dollar.
News On AIR | January 11, 2012 12:45 PM
Oil prices slide in Asian trade