Oil prices fell in Asian trade on speculation that Opec will decide to raise oil output.
New York’s main contract, light sweet crude for January slumped 56 cents to $93.86 a barrel from $94.42.
Brent North Sea crude for January delivery tumbled 49 cents to 92.03 dollars.
431
Oil Moves Away From $100 mark
Oil prices fell in Asian trade after Saudi Oil Minister Ali Al-Naimi said the world market..