| GEO Business | | Asian market per barrel oil prices drop | Updated at: 1218 PST, Wednesday, May 28, 2008
SINGAPORE: Asian market at the onset of trading today witnessed per barrel oil prices declining, as during trading in Singapore Mercantile Exchange light crude in July contracts traded at $128.80 per barrel, down by 5 cent, while London Brent light crude shed by 12 cent traded at $128.19.
Crude prices beginning this week were seen declining, followed by its all-time high peaking at $135 per barrel last week.
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