SINGAPORE: Oil prices dipped in Asia Friday, pulling back further from the psychological $50 level as traders took profit and expectations of tighter global supply receded.
At about 0245 GMT, US benchmark West Texas Intermediate for July delivery was down 29 cents at $49.19 a barrel while Brent North Sea crude, the European standard, was 33 cents lower at $49.26.
Already have an active account? Log in here.
Continue reading with one of these options:
Continue reading with one of these options:
Premium + Digital Edition
Ad-free access
P 80 per month
(billed annually at P 960)
- Unlimited ad-free access to website articles
- Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)
TRY FREE FOR 14 DAYS
See details
See details
If you have an active account, log in
here
.