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Wednesday, April 4, 2012

Oil Down In Asian Trade On Wednesday

Oil fell in Asian trade today as hopes faded for a fresh dose of monetary stimulus from the US Federal Reserve, analysts said.

New York’s main contract, West Texas Intermediate crude for delivery in May, shed 30 cents to USD 103.71 per barrel. Brent North Sea crude for May settlement was down 42 cents at USD 124.44 in morning trade.


From: http://ping.fm/fBr6y

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