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Business

Oil prices ease

Published: 23 Nov 2012 - 11:55 am | Last Updated: 05 Feb 2022 - 11:28 pm

 
LONDON: Oil prices eased yesterday in subdued trade owing to the US Thanksgiving holiday, and after a ceasefire ended a week of violence in between Israel and Palestinian militants that killed at least 160 people. Brent North Sea crude for delivery in January slid 60 cents to $110.26 a barrel in London late afternoon deals. New York’s main contract, light sweet crude for January or West Texas Intermediate, eased 29 cents lower to stand at $87.09 per barrel in electronic deals. AFP