Oil prices were mixed in Asian trade today as concerns over Europe’s sovereign debt crisis continue to niggle investors, despite Spain’s above-target bond auction.
New York’s main contract, West Texas Intermediate crude for delivery in May was up three cents to USD 104.23 per barrel while Brent North Sea crude for June shed 11 cents to USD 118.67 in morning trade.
“Brent remains weighed by concerns about the debt situation in Europe despite the successful bond sale in Spain... Things could change easily and investors have an eye on that,” Justin Harper, market strategist at IG Markets Singapore, told AFP.
From: http://ping.fm/0vFDg
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