Oil prices perked up in Asian trade on Monday as investor worries over Dubai's debt crisis receded. New York's main contract, light sweet crude for January delivery, gained 49 cents to 76.52 dollars a barrel.Brent North Sea crude for January delivery rose 37 cents to 77.55 dollars.
News On AIR | November 30, 2009 12:45 PM
Oil rises in Asia as fears over Dubai's debts ease