Business Recorder | Oil declines in light trading, extending losses on weak US data Reuters Crude imports by Japan, the world's fourth-biggest oil buyer, dropped 17.3 percent in November from a year earlier to 14.68 million kilolitres (3.08 million bpd), government data showed on Thursday. Brent crude LCOc1 was at $60.01 at 10:04 a.m. EST ... REFILE-UPDATE 8-Oil declines in light trading, extending losses on weak US data Oil Edges Further Above $60 as Libyan Output Slumps |