Tuesday, 19 June 2012

Oil mixed in Asia on eurozone worries: analysts

Nick Trevethan, senior commodities strategist for ANZ Research, added: “The big weight hanging over the market is what’s going on in Europe.” – AP photo

SINGAPORE: Oil prices were mixed in Asia on Tuesday afternoon as eurozone worries shifted to Spain’s surging borrowing costs from Greece, analysts said.

New York’s main contract, light sweet crude for delivery in July, fell 18 cents to $83.09 per barrel in the afternoon while Brent North Sea crude for August gained four

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