Oil prices down in Asian trade

SINGAPORE: Oil prices fell on profit-taking in Asia on Friday after prices rose sharply in in New York on the back of upbeat US employment and housing data.New York's main contract, light sweet...

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AFP
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Oil prices down in Asian trade
SINGAPORE: Oil prices fell on profit-taking in Asia on Friday after prices rose sharply in in New York on the back of upbeat US employment and housing data.

New York's main contract, light sweet crude for delivery in February fell 34 cents to $95.15 a barrel and Brent North Sea crude for March delivery dropped 15 cents to $110.95.