BANGKOK (AP) — Oil fell to near $98 a barrel Monday in Asia as the crude market waited for the outcome of Greece’s negotiations with creditors on a deal to cut the face value of its debt by half.Benchmark crude for March delivery was down 15 cents at $98.19 a barrel at late afternoon Bangkok time in electronic trading on the New York Mercantile Exchange. The contract fell $2.21 to end at $98.33 per barrel in New York on Friday.
Brent crude was down 35 cents at $109.51 a barrel on the ICE futures exchange in London.
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