Crude oil flat in Asian trade on Monday

Note: This section contains information in English only.
Source: Forexpros
Crude oil prices were flat in Asian session on Monday, losing momentum gained after Iran reported on the lower oil export volumes. Moreover, market sentiment was not strongly exposed to the weak US housing data as investors are positive about the US economic state and await fresh manufacturing news. Light, sweet crude oil futures for May delivery traded at 106.61 US Dollars per barrel on the New York Mercantile Exchange, retreating by 0.90% from previous trade high of 107.05 US Dollars per barrel.


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