Oil prices were mixed in Asia as profit taking offset data showing strengthening of Chinese manufacturing in March. New York's main contract, light sweet crude for delivery in May, dipped to US$93, while Brent North Sea crude for May delivery inched up to US$108.7. This decline followed the previous day’s rally in prices after official data showed an unexpected decline of 1.3 million barrels in US oil inventories in the week ending March 15. Prices also gained strength by the Federal Reserve's widely expected move to maintain its stimulus program.
22-Mar-13 
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