Oil prices down in Asia on profit-taking

SINGAPORE: Oil prices eased in Asia on Friday as traders cashed in recent gains following signs of strengthening US energy demand and concerns over Syria, analysts said.New York's main contract,...

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AFP
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Oil prices down in Asia on profit-taking
SINGAPORE: Oil prices eased in Asia on Friday as traders cashed in recent gains following signs of strengthening US energy demand and concerns over Syria, analysts said.

New York's main contract, light sweet crude for delivery in June dropped 62 cents to $93.02 a barrel in the afternoon Brent North Sea crude for June delivery shed 53 cents to $102.88.