Oil markets fell Friday as disappointment over weak economic indicators from the United States, China and Europe offset hopes for more stimulus from central banks. New York's main contract, light sweet crude for delivery in October shed 34 cents to $95.93 a barrel and Brent North Sea crude for October delivery dipped 49 cents to $114.52.
Japan's declined 1 percent to 9,085.79 and China's benchmark Shanghai Composite Index lost 0.2 percent to 2,109.07. Hong Kong's Hang Seng shed 1.2 percent to 19,899.2.
Japan's declined 1 percent to 9,085.79 and China's benchmark Shanghai Composite Index lost 0.2 percent to 2,109.07. Hong Kong's Hang Seng shed 1.2 percent to 19,899.2.
Crude markets were down as "revived hopes for more stimulus from the US Federal Reserve faded and doubts about Europe's ability to address its debt crisis crept back in focus," Phillip Futures said in a report. Elsewhere in Asia, South Korea's Kospi declined 0.5 percent to 1,922.79 and Taiwan's Taiex lost 0.4 percent to 7,471.94. Singapore's Straits Times Index shed 0.5 percent to 3,041.1, while Australia's S&P ASX 200 was off 0.8 percent at 4,349.3. Benchmark oil for October delivery fell 49 cents to $95.77 per barrel in electronic trading on the New York Mercantile Exchange. The contract rose $1 to finish Thursday at $96.26 per barrel.
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