| GEO Business | | Oil prices up in Asian trade | Updated at: 0836 PST, Friday, December 18, 2009
SINGAPORE: Oil was higher in Asian trade Friday, getting support from a weaker US dollar and strengthening demand in the United States, the world's biggest energy consumer, analysts said.
New York's main futures contract, light sweet crude for delivery in January, climbed 31 cents to 72.96 dollars a barrel in morning trade. The contract will expire on Monday and the February contract was trading at 74.08 dollars. Brent North Sea crude for delivery in February rose five cents to 73.42 dollars.
|  |
|