Oil prices tumbled in Asian trade today, dragged down by a surging greenback and worries over a European debt rescue plan jeopardised by Greece's decision to hold a referendum. New York's main contract, light sweet crude for delivery in December, fell 96 cents to 91.55 dollar per barrel in the afternoon. Brent North Sea crude for December delivery dipped 68 cents to 108.66 dollar.
News On AIR | November 3, 2011 12:09 PM
Oil prices tumble in Asian trade