PROCUREMENT NEWS

India : Oil falls in Asian trade

Published 10 May 2012

On May 9, the prices of oil fell down in Asian trade.

New York\'s main contract, West Texas Intermediate crude to be delivered in June, dropped 39 cents at $96 and 62 cent a barrel.

Simultaneously, Brent North Sea crude also for June lost 58 cents and settled down at 112 dollars 15 cent during trade in the morning.

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