Oil prices took a breather in Asian trade today as investors locked in profits after a strong rally following the European Central Bank's decision to cut interest rates.New York's main contract, light sweet crude for delivery in June, dropped 17 cents to 93.82 dollar a barrel and Brent North Sea crude for June delivery shed 16 cents to 102.69 dollar
News On AIR | May 3, 2013 11:04 AM
Oil takes breather in Asia after strong rally following ECB rate cut