CNBC | Asia mostly lower as oil retreats further; BOK keeps rates steady CNBC "Oil is increasingly pulling back towards the $40 a barrel level again and many in the markets are concerned that the shorts may even be looking for prices to drop down towards the $35 level," said Angus Nicholson, a market analyst at brokerage firm IG. Asian shares retreat as oil slips; yuan pulls peers higher Asian Shares Slide After US Losses Due to Lower Oil Prices Asian Shares Slide on Slumping Oil Prices |