November 5, 2013 11:59 AM

printer

Oil prices edge higher in Asia<br/>

Oil prices edged higher in quiet Asian trade today as dealers hunted bargains while keeping an eye on a supply glut in the United States. New York&apos;s main contract West Texas Intermediate for December delivery gained four cents to 94.66 US Dollars a barrel in mid-morning Asian trade, while Brent North Sea crude for December climbed nine cents to 106.32 Dollars . Crude inventories in the United States have climbed for the past six weeks, to about 28 million barrels, raising concerns about oversupply in the world&apos;s largest economy and top crude consumer.

Most Read
View All arrow-right

No posts found.