Oil prices dip to four-year low in Asia

Oil prices were steady near four-year lows below 44 dollars a barrel today in Asia as more bad US economic news soured the outlook for global growth and demand for crude.

Oil prices dip to four-year low in Asia

Oil prices were steady near four-year lows below 44 dollars a barrel today in Asia as more bad US economic news soured the outlook for global growth and demand for crude.

Light, sweet crude for January delivery was down 3 cents at $43.64 a barrel in electronic trading on the New York Mercantile Exchange by midmorning in Singapore.

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