Oil prices were higher in Asian trade today, buoyed by a shutdown of Britain’s largest oil field as talk of war pervaded the crude-producing Sudanese region, analysts said.
New York’s main contract, light sweet crude for delivery in June, was up 13 cents to USD 103.68 and Brent North Sea crude for June delivery gained nine cents to USD 118.25.
Crude supply disruptions in the North Sea and Sudanese region were keeping prices up, IG Markets Singapore said in a report.
From: http://ping.fm/C0J0f
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