CRUDE OIL: PRICE IS DOWN ON THE ASIAN MARKETS

The price of oil backpedals on the Asian markets. The drop is linked to profit taking following the strong performance of the black commodity during the last few sessions, when prices peaked at a 2/year record level. Light crude WTI lost 36 cents at 112,43 dollar a barrel. North Sea Brent lost 83 cents at USD 125,82