Oil Prices Rise in Asian Trade
SINGAPORE: Oil prices rose in Asian trade Wednesday, cheered by another record close for equities on the Dow Jones index that indicate confidence in the US economy, analysts said.
New York's main contract, light sweet crude for delivery in April gained 21 cents to $92.75 a barrel and Brent North Sea crude for April delivery increased six cents to $109.71.
New York's main contract, light sweet crude for delivery in April gained 21 cents to $92.75 a barrel and Brent North Sea crude for April delivery increased six cents to $109.71.