In Summary
- New York’s main contract, West Texas Intermediate for delivery in September, was down 26 cents at $104.29 a barrel and Brent North Sea crude for September eased 10 cents to $107.35.
Singapore. Oil prices dipped in Asian trade
yesterday as investors paused ahead of a US central bank meeting, hoping
for clues about the future of its stimulus.
New York’s main contract, West Texas Intermediate
for delivery in September, was down 26 cents at $104.29 a barrel and
Brent North Sea crude for September eased 10 cents to $107.35.
Analysts said investors were taking a breather from a recent rally while waiting for a meeting yesterday of the US central bank’s policy-setting Federal Open Market Committee (FOMC). (AFP)
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