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Oil prices down in Asian trade

Written By Unknown on Tuesday, 28 January 2014 | 20:39

Oil prices down in Asian trade

Oil prices down in Asian trade
SINGAPORE: Oil prices eased in Asian trade Wednesday on expectations of an increase in US inventories, and as traders await a Federal Reserve decision on the future of stimulus programme.
 
New York´s main contract, West Texas Intermediate (WTI) for March delivery, eased 23 cents to $97.18 in mid-morning trade while Brent North Sea crude for March was down one cent at $107.40.
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