Crude down in Asia over demand concerns

SINGAPORE: Oil prices sank in Asia Friday, with demand concerns in the spotlight despite the European Central Bank's plan to support weak eurozone economies, analysts said.New York's main contract,...

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AFP
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Crude down in Asia over demand concerns
SINGAPORE: Oil prices sank in Asia Friday, with demand concerns in the spotlight despite the European Central Bank's plan to support weak eurozone economies, analysts said.

New York's main contract, light sweet crude for delivery in October slipped 76 cents to $94.77 a barrel and Brent North Sea crude for October delivery shed 81 cents to $112.68.