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Crude Steady Near $110 In Asian Session

2/27/2012 2:14 AM ET

The price of crude oil was firm near $110 in Asian session Monday on concerns over supply disruption amid tension over Iran's disputed nuclear program.

Light Sweet Crude Oil (WTI) futures for April delivery, eased $0.56 to $109.21 a barrel. Last week, oil ended near a 10-month high on weak U.S. dollar and supply concerns as market sentiments largely influenced by Iran's stand-off with the west and fueling concerns of possible supply disruption from the Middle East.

by RTT Staff Writer

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