Oil down in Asia as OPEC boosts supply

SINGAPORE: Crude prices were lower in Asian trade on Monday, after OPEC  raised its oil output and maintained a flat forecast of global demand, analysts said.

New York's main contract, light sweet crude for delivery in June shed 81 cents to $95.23 a barrel and Brent North Sea crude for June delivery was down 81 cents to $103.10 in morning trade.

AFP