SINGAPORE: Oil prices rose in Asian trade Friday, buoyed by hopes the US Federal Reserve will wait longer before scaling back its stimulus programme, analysts said. New York's main contract, West...
By
AFP
|
November 15, 2013
SINGAPORE: Oil prices rose in Asian trade Friday, buoyed by hopes the US Federal Reserve will wait longer before scaling back its stimulus programme, analysts said.
New York's main contract, West Texas Intermediate (WTI) for December delivery, was up 46 cents at $94.22 a barrel in mid-morning trade, while Brent North Sea crude for January gained 14 cents to $108.42.