Oil down in Asia ahead of US inventory report

SINGAPORE: Oil was down in Asia on Wednesday as caution set into the market ahead of a US crude inventory report, analysts said.New York's main contract, light sweet crude for delivery in May...

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AFP
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Oil down in Asia ahead of US inventory report
SINGAPORE: Oil was down in Asia on Wednesday as caution set into the market ahead of a US crude inventory report, analysts said.

New York's main contract, light sweet crude for delivery in May dropped 24 cents to $93.96 a barrel and Brent North Sea crude for May delivery shed 12 cents to $106.11.