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Published 17 Jan, 2014 06:26am

Oil prices down in Asian trade

SINGAPORE: World oil prices eased in Asian trade Friday owing to supply concerns as non-OPEC members such as the United States ramp up production.

US benchmark West Texas Intermediate for delivery in February dipped one cent to $93.95 by mid-morning after see-sawing in volatile trade.European benchmark Brent crude for March was down 27 cents at $105.48.

SOURCE: AFP

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