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.
News On AIR | May 2, 2012 12:59 PM
Oil retreats on profit-taking, eurozone concerns