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Oil prices down in Asian trade

Written By Unknown on Sunday 19 January 2014 | 22:47

Oil prices down in Asian trade

Oil prices down in Asian trade
SINGAPORE: Oil prices eased in Asian trade Monday after China´s 2013 economic growth came in at its slowest rate in 14 years, fuelling concerns over demand in the world´s second largest economy.
 
New York´s main contract, West Texas Intermediate (WTI) for February delivery, was down 76 cents at $93.61 a barrel in mid-morning trade, while Brent North Sea crude for March dropped 21 cents to $106.27.
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