Oil prices were higher in Asian trade today, supported by buoyant economic data from the United States and Germany as well as concerns over Iran's nuclear programme. New York's main contract, light sweet crude for delivery in April, rose 64 cents to 108.47 dollars per barrel, while Brent North Sea crude for April delivery gained 60 cents to 124.22 dollars in morning trade.
News On AIR | February 24, 2012 11:11 AM
Crude strengthens on US economic data