Oil dips in Asia

Updated on

30 Nov -1, 00:00:00 LMT

Summary

Oil shrank in Asian markets owing to fall in demand. Price of Singapore Light Sweet Crude Oil is shrank by 48 cents to 80.76 cents for April delivery. London ICE Brent North Sea decreased by 49 cents to 78.97 cents a barrel. Oil dips below $78 as the US oil reserves go up in the international markets.