Oil prices were down in Asian trade today on concerns the European debt crisis could worsen, analysts said, amid tensions over Iran’s threat to block a vital oil shipping lane.
New York’s main contract, West Texas Intermediate for delivery in February was down 49 cents to USD 101.07 in morning trade, while Brent North Sea crude for February delivery declined 11 cents to USD 112.95.
“Pressures concerning the debt situation in Europe is offsetting the bullish factor of geopolitical tension in the Middle East,” said Victor Shum, senior principal at Purvin and Gertz international energy consultants in Singapore.
From: http://ping.fm/4rGzi
Popular Posts
-
A lady doctor Dr Stuti Shukla was found hanging in her husband's home in Aligarh district of Uttar Pradesh on Sunday night and her paren...
-
India today said it supports the Transitional National Council (TNC) of Libya and expressed willingness to extend all possible assistance to...
-
World champions India dropped to the fifth position in the Reliance ICC ODI Championship table after England won the five-match ODI series 3...
-
Yoga guru Swami Ramdev today said black flags being shown or shoes being thrown at leaders like Rahul Gandhi were because of their karma (wo...
-
Haryana government today ordered a magisterial probe into the death of four-year-old girl Mahi after falling into an abandoned borewell From...
-
Italian authorities arrested Lazio captain Stefano Mauri and more than a dozen others Monday as part of a wide-ranging investigation into ma...
-
Bollywood producer Karim Morani, an accused in 2G spectrum case, was on Wednesday taken by Tihar Jail authorities to the Deen Dayal Upadhyay...
-
WATCH Om and Ajay Mantra, a spirituality show in which various Gurus tell us about the secrets of hindu worship be it complicated form of ve...
-
CPI, which has decided to abstain from voting in the Presidential poll, today said there was “no question” of supporting Congress or BJP nom...
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment