Tuesday, October 27, 2009
Oil mixed in Asian trade
3:29 PM | 
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SINGAPORE: Oil was mixed in Asian trade Tuesday after it was pulled down overnight by a strengthening US dollar and hopes of easing tensions in crude-rich Nigeria, analysts said.
New York's main contract, light sweet crude for December delivery, rose six cents to 78.74 dollars a barrel. Brent North Sea crude for December delivery fell four cents to 77.22 dollars a barrel. Crude prices have eased in recent sessions after hitting 82 dollars last week, its highest level since October 14, 2008, on the back of the slumping US currency.
New York's main contract, light sweet crude for December delivery, rose six cents to 78.74 dollars a barrel. Brent North Sea crude for December delivery fell four cents to 77.22 dollars a barrel. Crude prices have eased in recent sessions after hitting 82 dollars last week, its highest level since October 14, 2008, on the back of the slumping US currency.
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