Oil extended gains in Asia today as financial markets cheered Japan's aggressive monetary easing policy seen as key to reviving the world's third largest economy. New York's main contract, light sweet crude for delivery in May, added 29 cents to 93.65 dollar a barrel and Brent North Sea crude for May delivery rose 51 cents to 105.17 dollar in mid-morning trade in Asia.
News On AIR | April 9, 2013 10:49 AM
Japan's aggressive easing ups Asia oil gains