Updated on
Summary
Crude oil closed at $77 per barrel in Asian trade due to lower demand.During the last trading session of the week at the Singapore market the London Brent North sea crude decreased by $1.46 for February delivery, while Light Sweet Crude closed down to $78 per barrel after a decrease of $1.29. During the current week Light Sweet Crude Oil saw a decrease of 5.5% in the New York Merchandise Exchange.
