Oil prices extend gains in Asia

By
AFP
Oil prices extend gains in Asia
SINGAPORE: World oil prices extended gains in Asian trade Wednesday as investors cheered the IMF´s upbeat forecast for global growth this year, which is expected to boost demand.

New York´s main contract, West Texas Intermediate (WTI) for March delivery, was up 38 cents to $95.35 in mid-morning trade, while Brent crude for March rose 33 cents to $107.06.F