Oil prices ease as market awaits further developments on possible military strike against Syria

11-Sep-13
New York's main contract, West Texas Intermediate (WTI) for delivery in October, dipped to US$110.2, while Brent North Sea crude for October slipped to US$116.02. Markets have taken a respite as they await further developments on a possible US-led military strike against Syria for its alleged use of chemical weapons against its own people. Positive economic data from USA and China this week have aided prices. In China, exports rose 7.2% year-on-year in August.
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