Agence France-PresseFebruary 28, 2014 01:46
Oil prices fell further in Asian trade Friday owing to concerns over soft US economic data and the unfolding crisis in Ukraine.
New York's main contract, West Texas Intermediate (WTI) for April delivery, eased 36 cents to $102.04 in mid-morning trade, while Brent North Sea crude for April slid nine cents to $108.87.
WTI fell 19 cents while Brent slid 56 cents in closing deals Thursday.
US data Thursday showed first-time claims for unemployment insurance benefits, a sign of the pace of layoffs, rose last week, well above analysts' average estimate.