SYDNEY (Dow Jones)--Crude-oil futures fell in Asia Tuesday, as traders betting on an early restart to Libyan crude exports held the edge over oil bulls who see the market tightening as unrest simmers in the Middle East and the global economic recovery picks up.
On the New York Mercantile Exchange, light, sweet crude futures for delivery in May traded at $103.89 a barrel at 0600 GMT, down 9 cents in the Globex electronic session. May Brent crude on London's ICE Futures exchange fell 7 cents to $114.73 a barrel.
United Nations-backed air strikes in Libya have breathed fresh life into ...
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