Crude prices mixed in Asian tradeSINGAPORE ? Oil prices were mixed in Asia on Monday with downward pressure coming from a slip in US industrial output, analysts said.
New York's main contract, light sweet crude for delivery in March eased 14 cents to $95.72 a barrel while Brent North Sea crude for delivery in April added 26 cents to $117.92.
Trading was restrained "after an unexpected dip in US industrial production spurred concerns about lagging economic activity", Phillip Futures said in a report.
Official data Friday showed industrial production in the United States ? the world's largest economy and oil consumer? contracting 0.1 percent in January, with manufacturing o...Keep on reading: Crude prices mixed in Asian trade
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