Oil prices fall to near $104
SINGAPORE — Oil prices fell to near $104 a barrel today in Asia amid mixed signs about U.S. demand from a crude and gasoline supply report.
Benchmark crude for April delivery was down 62 cents at $104.40 a barrel at late afternoon Singapore time in electronic trading on the New York Mercantile Exchange.
Investors are closely watching oil output from the OPEC nation Libya, where fighting has raged for weeks between forces loyal to Moammar Gadhafi and rebels.
