Oil Prices fall in Asian Trading.
Pulbished on:
Singapore, 18 February 2015(Lana) Oil prices fell in Asian trading
on Wednesday, failing to build on gains of over 1 percent in the
previous session as analysts said a recent rally was overblown.
Brent futures fell by 26 cents to 62.27 a barrel by 0510 GMT,
while American bench mark declined by 25 cents to 53.27 barrel.
American crude prices fell more than 9 dollars from Brent prices,
the widest gap since August 2014.
The rise in Brent prices was largely attributed by analysts to
the instability in the Middle East.
=Lana=