Oil up in Asia on upbeat China manufacturing data

By AFP
December 10, 2012

SINGAPORE: Oil prices gained in Asia Monday as traders welcomed data indicating a continued economic pick-up in China, the...

SINGAPORE: Oil prices gained in Asia Monday as traders welcomed data indicating a continued economic pick-up in China, the world's largest energy consumer, analysts said.

New York's main contract, light sweet crude for delivery in January climbed 29 cents to $86.22 a barrel and Brent North Sea crude for January delivery added 39 cents to $107.41.


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