Friday, 19 July 2013

Oil prices higher in Asian trade

SINGAPORE: Oil prices inched higher in Asian trade Friday on upbeat US corporate and economic news, although profit-taking limited gains, analysts said. New York's main contract, West Texas Intermediate (WTI) for delivery in August, rose one cent to $108.05 a barrel, while Brent North Sea crude for September was up 12 cents at $108.82.WTI soared $1.56 in New York Thursday, to end at its highest level since March 1,

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