Oil down

Oil fell in Asian trade on Wednesday as traders took profits after prices reached two-year highs on Monday, analysts said.
New York's main contract, light sweet crude for January delivery, slid 67 cents to 88.02 dollars per barrel.
Brent North Sea crude for delivery in January slipped 59 cents to 90.80 dollars.
"The weaknesses we've had yesterday and today is just a bit of profit-taking," said Ben Westmore, minerals and energy economist for the National Australia Bank in Melbourne.