Oil prices were lower in Asian trade today as a bailout deal for debt-strapped Greece was once again put off.New York's main contract, West Texas Intermediate light sweet crude for delivery in March, shed 42 cents to 98.42 dollars a barrel and Brent North Sea crude for March was down 19 cents to 118.40 dollars in morning trade.The senior principal at Purvin and Gertz international energy consultants in Singapore, Victor Shum said the prices have dipped on news that the Greek bailout deal is once again delayed.
News On AIR | February 10, 2012 11:07 AM
Oil prices take a dip