Wed, 20 Jun 2012 11:27:07 GMT
Crude futures decline as nuclear tensions in Iran ease
Futures for crude dropped in Asian
trading hours on Wednesday, after China and U.N. Security Council
nations agreed to continue talks with oil-rich Iran. On the
NYMEX, Augusts delivery futures for light, sweet crude were traded at
USD84.09 per barrel, easing 0.30% in the Asian trade. Earlier,
contracts reached a session high at USD84.53.