Tuesday, 16 July 2013
Oil prices edge higher in Asian trade
SINGAPORE: Oil prices edged higher in Asian trade Tuesday as investors anticipated a fall in US crude inventories for the third consecutive week, renewing hopes of resurgent demand, analysts said.New York's main contract, West Texas Intermediate light sweet crude for delivery in August, gained eight cents to $106.40 a barrel in morning trade, while Brent North Sea crude for August delivery was up seven cents to $109.16."Investors think there is potential for the US crude stockpiles to dip
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