Oil prices down

Oil prices down
# 13 May 2010 07:00 (UTC +04:00)
Baku – APA-Economics. Oil prices fell to near $75 a barrel Thursday in Asia as traders mulled signs of tepid U.S. crude demand against growing consumption in developing economies, Associated Press reported.

Benchmark crude for June delivery was down 27 cents to $75.38 a barrel at midday Singapore time in electronic trading on the New York Mercantile Exchange. The June contract lost 72 cents to settle at $75.65 on Wednesday.

In London, Brent crude was up 22 cents to $81.42 on the ICE futures exchange.
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