Monday, November 11, 2013

Oil rates go down in Asian trade

World News
SINGAPORE: Oil prices edged lower in Asian trade Tuesday as dealers await fresh developments in the bid by world powers to reach a landmark deal to curb Iran's nuclear programme, analysts said. New York's main contract, West Texas Intermediate (WTI) for December delivery, was down 31 cents to $94.83 a barrel in mid-morning Asian trade, while Brent North Sea crude for December fell 23 cents to $106.17.

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