INQUIRER.net: Oil prices mixed in Asian trade

INQUIRER.net Philippine News for Filipinos

Oil prices mixed in Asian trade Mar 4th 2013, 03:01 SINGAPORE – Oil prices were mixed in Asia on Monday, weighed by a slowdown in China's manufacturing sector and spending cuts in the United States, analysts said.   New York's main contract, light sweet crude for delivery in April dropped six cents to $90.62 a barrel while Brent North Sea crude for April delivery increased 13 cents to $110.53.   "Asian markets have been suffering a little from weaker-than-expected China PMI which barely showed contraction for February," said a report by IG Markets Singapore.   China's official purchasing managers' index released Friday showed growth in manufacturing activity slowed last month, suggesting a recent pic... Keep on reading: Oil prices mixed in Asian trade Media files: Oil-Prices_.jpg (image/jpeg)

You are receiving this email because you subscribed to this feed at blogtrottr.com. If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions