Asian stocks were off to a subdued start on Friday as caution toward a weekend meeting of oil producers tempered risk sentiment, while the dollar’s advance slowed in wake of soft U.S. inflation data, Reuters reported. Oil prices have pulled back from recent peaks on concerns that the top producers’ meeting may not result in tightening of supply. Nymex’s crude oil declined 0.14% to US$41.44 per barrel in Asian trading this morning.
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