Oil price up in Asian trade

SINGAPORE: Oil prices rose in Asia Monday, but analysts said gains were capped following weakened demand caused by refinery shutdowns and easing concerns about armed conflicts around the world.US...

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AFP

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August 04, 2014

Oil price up in Asian trade

SINGAPORE: Oil prices rose in Asia Monday, but analysts said gains were capped following weakened demand caused by refinery shutdowns and easing concerns about armed conflicts around the world.

US benchmark West Texas Intermediate for September delivery rose five cents to $97.93 while Brent for September gained 17 cents to $105.01 in late-morning trade.

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