May 2, 2012 11:25 AM

printer

Oil retreates on profit-taking, eurozone concerns

Oil retreated in Asian trade today as investors took profits from recent gains, while renewed concerns about the eurozone's debt problems also pressured prices. New York's main contract crude for delivery in June was down 36 cents to 105.80 dollar per barrel while Brent North Sea crude for June shed 23 cents to 119.43 dollar in morning trade.

Most Read
View All arrow-right

No posts found.