INQUIRER.net: Oil prices mixed in Asian trade

INQUIRER.net Philippine News for Filipinos

Oil prices mixed in Asian trade Jul 29th 2013, 03:19 SINGAPORE – Oil prices were mixed in Asian trade Monday ahead of a US central bank meeting and the release of key economic data from the world's biggest economy, analysts said.   New York's main contract, West Texas Intermediate for delivery in September, was down 31 cents at $104.39 a barrel in mid-morning trade and Brent North Sea crude for September was one cent higher at $107.18.   "Federal Reserve officials (are) meeting this week and as ever all eyes will be on its post-meeting statement on Wednesday," said Kenny Kan, market analyst at CMC Markets said in a note.   He said investors are hoping to "decipher the Fed's timeline" for reeling in it... Keep on reading: Oil prices mixed in Asian trade Media files: gas-station_US.jpg (image/jpeg)

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