Oil prices edge lower in Asian trade ahead of US supply report

April 22, 2015 3:58 AM

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Oil prices edge lower in Asian trade ahead of US supply report

Oil prices fell in Asia today after a Saudi-led coalition declared an end to four weeks of air strikes in Yemen and ahead of a key US supply report.

US benchmark West Texas Intermediate fell 52 cents to USD 56.09 while Brent crude fell 42 cents to USD 61.66 in late-morning trade.

Also read: U.S. Stocks Mixed After Jobs Report; Global Shares Down

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