Singapore, May 13: World oil prices on Tuesday eased further, trading below USD 124 a barrel as a firmer dollar encouraged profit-taking in a market that remains well-supported, analysts said.
New York's main oil futures contract, light sweet crude for June delivery, was 37 cents lower at USD 123.86 from USD 124.23 at the close of trading in New York yesterday.
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Tuesday, May 13, 2008
Oil eases below USD 124 per barrel
Posted by Market Analysis at 9:47 AM
Labels: 13-May-2008, NYSE, Oil Price Record, Oil Prices, USA Stock Exchange
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