Thursday, April 29, 2010
Oil eases in Asian trade
9:06 PM | 
Posted by
Unknown
SINGAPORE: Oil prices slipped slightly in Asian trade Thursday, losing some of their steam from Wednesday as investors’ awaited further news on Europe's debt crisis and its impact on the commodity.
New York's main contract, light sweet crude for June, eased nine cents to 83.13 dollars a barrel. Brent North Sea crude for June delivery was down nine cents to 86.07 dollars per barrel.
Traders were eagerly watching Europe's reaction to Greece's mounting difficulties as debt markets increasingly punish Athens, dealers said.
New York's main contract, light sweet crude for June, eased nine cents to 83.13 dollars a barrel. Brent North Sea crude for June delivery was down nine cents to 86.07 dollars per barrel.
Traders were eagerly watching Europe's reaction to Greece's mounting difficulties as debt markets increasingly punish Athens, dealers said.
Subscribe to:
Post Comments (Atom)
0 comments:
Post a Comment