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Business Daily from THE HINDU group of publications Monday, July 6, 2009 ePaper | Mobile/PDA Version | Audio | Blogs |
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Update at 1050 hrs (IST)
Global News / Markets Crude oil prices dip in Asian trade SINGAPORE: Crude oil prices extended their losses in Asian trade on Monday after the latest unemployment report in the United States showed that a recovery in the world's biggest economy is unlikely to come soon. In morning trade, New York's main contract, light sweet crude for August delivery, was down $1.89 to $64.84 a barrel. Brent North Sea crude for delivery in August dropped $1.01 to $64.60.
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