Oil prices fell to near $77 in Asia

By: Our Staff Reporter | November 26, 2009, 5:22 pm |
Oil prices fell to near $77 a barrel Thursday in Asia amid mixed indications about the strength of global crude demand. Benchmark crude for January delivery was down 79 cents to $77.17 a barrel at late afternoon Singapore time in electronic trading on the New York Mercantile Exchange. The contract rose $1.94 to settle at $77.96 on Wednesday. Trading is closed Thursday in the U.S. for the Thanksgiving holiday.

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