| GEO Business | | Oil prices higher in Asian trade | Updated at: 0941 PST, Wednesday, December 09, 2009
SINGAPORE: Oil futures were driven up in Asian trade Wednesday as traders sought to cash in on crude following an earlier fall in prices, analysts said.
New York's main futures contract, light sweet crude for delivery in January, rose 45 cents to 73.07 dollars a barrel. Brent North Sea crude for January delivery gained 25 cents to 75.44 dollars. The dollar was trading at 88.46 yen against 88.38 in morning Asian trade.
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