| GEO Business|
| Oil higher in Asia|
| Updated at: 1249 PST, Thursday, January 22, 2009|
SINGAPORE: Oil rose in Asian trade Thursday ahead of the release of a report on US energy stockpiles expected to show a fall in heating oil stocks, dealers said.
New York's main futures contract, light sweet crude for March delivery, gained 60 cents to 44.15 dollars.
Brent North Sea crude for March delivery added 33 cents to 45.35 dollars a barrel. Analysts said United States crude oil stockpiles likely rose while heating stocks probably dropped because of a recent cold wave in the country's northeast.