Oil down in Asia on weak Chinese data

By AFP
May 28, 2013

SINGAPORE: Oil prices were mixed in Asia on Tuesday as weak Chinese manufacturing data raised concerns about energy demand in...

SINGAPORE: Oil prices were mixed in Asia on Tuesday as weak Chinese manufacturing data raised concerns about energy demand in the world's second largest economy, analysts said.

New York's main contract, light sweet crude for delivery in July, dropped 46 cents to $93.69 a barrel and Brent North Sea crude for July delivery rose seven cents to $102.69 in mid-morning trade.


Next Story >>>

More From Business