Oil prices retreated in Asian trade Monday, burdened by a fall in regional equities and lingering concerns over the Eurozone debt crisis, analysts said. New York\'s benchmark contract, West Texas Intermediate crude for November delivery, was down USD 1.01 to reach USD 91.88 per barrel earlier today, while Brent North Sea crude for November dipped 94 cents reaching USD 110.48 pb. This retreat was due to continuous disputes between France and Germany over the proper way of dealing with Eurozone debt crisis, being a source of concern for investors. Those concerns have been the reason behind broad selloff of Asian shares, and have also affected the oil markets, analysts said. The European unity is the only way out from the debt crisis, the experts said, yet the leaders of France and Germany argue over main items related to tightening restrictions on the European banking sector. Saudi Arabia being the largest producer of crude oil worldwide is expected to announce steps to keep the oil prices on a reasonable scale of prices.