Oil prices go down

Oil prices go down
# 11 March 2011 07:59 (UTC +04:00)
Baku – APA-ECONOMICS. Oil prices hovered below $103 a barrel on Friday in Asia as traders worried protests in Saudi Arabia could escalate and potentially hamper production in the world’s largest crude exporter, The Hindu reported.
Benchmark crude for April delivery was up 9 cents at $102.79 a barrel at midday Singapore time in electronic trading on the New York Mercantile Exchange. The contract lost $1.68 to $102.70 on Thursday.
In London, Brent crude was up 7 cents at $115.50 a barrel on the ICE futures exchange.
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