Oil Prices Down in Asian Trade

Tuesday, January 26, 2010 at 3:01 pm

Oil Prices Down in Asian Trade, Oil prices remained weaker in Asian trade on Tuesday after overnight gains on the back of a weak dollar and a stronger finish on Wall Street, analysts said.
New York’s main futures contract, light sweet crude for delivery in March, fell 83 cents to $74.43 a barrel. London’s Brent North Sea crude for March delivery dropped 80 cents to settle at $72.89.