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Wednesday, November 13, 2024  
10 Jumada Al-Awwal 1446  

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.

SOURCE: AFP