Oil prices fell in Asian trade today as fears over the eurozone debt crisis returned to haunt the markets after a rebound the day before.
The decline also came as investors anticipated the results of a meeting of the US central bank’s top policymakers on further measures to perk up the world’s biggest economy.
New York’s main contract, WTI light sweet crude for October delivery, was down 53 cents to $86.39 a barrel in morning Asian trade, and Brent North Sea crude for November dropped 37 cents to $110.17 a barrel.