Oil prices rose in Asian trade today on prospects for stronger US economic growth and jitters sparked by sabre-rattling over crude producer Iran's nuclear programme. New York's main contract, light sweet crude for delivery in April, gained 50 cents to 107.20 dollars per barrel and Brent North Sea crude for April was up 32 cents to 123.97 dollars in morning trade.
News On AIR | March 5, 2012 10:34 AM
Oil prices rise in Asian trade