Oil prices were high in Asia today after eurozone finance ministers and the European Central Bank vowed to support Cyprus as a crucial bailout deal stood on the brink of collapse.New York's main contract, light sweet crude for delivery in April, gained six cents to 92.22 dollars a barrel and Brent North Sea crude for May delivery increased 34 cents to 107.79 dollars in mid-morning Asian trade.
News On AIR | March 20, 2013 12:30 PM
Oil high in Asia on eurozone support to Cyprus after bailout deal fails