Crude rises on US fiscal cliff deal

SINGAPORE: Oil was up in Asia Wednesday, as traders cheered a last-minute deal pieced together by US politicians to avoid the fiscal cliff, analysts said.New York's main contract, light sweet crude...

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AFP
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Crude rises on US fiscal cliff deal
SINGAPORE: Oil was up in Asia Wednesday, as traders cheered a last-minute deal pieced together by US politicians to avoid the fiscal cliff, analysts said.

New York's main contract, light sweet crude for delivery in February, added 19 cents to $92.01 a barrel and Brent North Sea crude for February delivery gained 42 cents to $111.53.