Oil higher in Asian trade

Explore Business Standard

World oil prices rose in Asian trade today but weak global demand continued to be a major factor, dealers said.
New York's main futures contract, light sweet crude for March delivery, was up 26 cents to $41.94 a barrel.
Brent North Sea crude for March delivery rose 47 cents to $46.35.
First Published: Feb 02 2009 | 9:53 AM IST