Oil down in Asia on Chinese data, stronger dollar

SINGAPORE: Oil prices were down in Asia on Monday as Chinese industrial production showed signs of a slowdown, with the strong US dollar also putting pressure on prices, analysts said.New York's...

AFP

Published March 11, 2013

Oil down in Asia on Chinese data, stronger dollar

SINGAPORE: Oil prices were down in Asia on Monday as Chinese industrial production showed signs of a slowdown, with the strong US dollar also putting pressure on prices, analysts said.

New York's main contract, light sweet crude for delivery in April eased 26 cents to $91.69 a barrel and Brent North Sea crude for April dipped 41 cents to $110.42 in late morning Asian trade.