Thu, 02 Feb 2012 09:58:17 GMT
Crude oil declined on US supply report
Crude oil contracts edged down during the Asian session on Thursday, following the report on the essential increase in the US oil inventories over the last week. However, inspiring PMI data from all over the world limited the losses. Light, sweet crude oil March contract traded at USD 97.54 per barrel on the New York Mercantile Exchange, easing down 0.07%.