Asian shares edge lower, supply concerns keep oil down

2017-12-06 1

Fears about a global supply glut and slowing growth have pushed oil prices down nearly 30 per cent since June and US crude shed about 0.3 per cent to 77 dollars 17 cents per barrel on Tuesday.

MSCI'S broadest index of Asia-Pacific shares outside Japan was down about 0.2 per cent while Japan's Nikkei stock average added 0.6 per cent.

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