Monday, 15 July 2013

Oil prices down in Asian trade

AFP_SINGAPORE: Oil prices eased in Asian trade Monday but declines were tempered by data showing China's economy grew in line with expectations for the April-June quarter.New York's main contract, West Texas Intermediate (WTI) for delivery in August, fell nine cents to $105.86 a barrel in late-morning trade, while Brent North Sea crude for August shed one cent to $108.80.Earlier losses were narrowed by the news out of Beijing, which showed the gross domestic product expanded 7.5 percent in the

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