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Oil prices near US$94 a barrel in Asia
Saudi Press Agency Published in Saudi Press Agency on 15 - 11 - 2007

Oil prices edged lower Thursday after advancing nearly US$3 overnight, with traders awaiting the release of U.S. petroleum supply data later in the day, the Associated Press reported.
Prices were supported by expectations that U.S. oil
inventories fell last week.
Light, sweet crude for December delivery lost 23 cents to
US$93.86 a barrel in Asian electronic trading on the New
York Mercantile Exchange by midafternoon in Singapore.
The contract rose US$2.92 to settle at US$94.09 a barrel
Wednesday.

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