Latest News: Oil down in Asia as US stimulus hopes fade

Singapore ? Crude fell in Asia Friday as hopes for a US stimulus faded and European worries resurfaced after German opposition to a Greek call for more time to enact spending cuts and reforms, analysts said.



New York's main contract, light sweet crude for delivery in October shed 34 cents to $95.93 a barrel and Bre...

nt North Sea crude for October delivery dipped 49 cents to $114.52. Crude markets were down as "revived hopes for more stimulus from the US Federal Reserve faded and doubts about Europe's ability to address its debt crisis crept back in focus," Phillip Futures said in a report. Hopes for a Fed-led stimulus, which had been buoyed by minut...Keep on reading: Oil down in Asia as US stimulus hopes fade

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