Simex Brent Stable

Brent crude futures in Asia were steady late on Thursday after sharp overnight rises but sentiment was firm with the Iraqi crisis unsettled. April Brent on Simex was quoted at $14.87/$14.95 per barrel after London prices surged by 53 cents to close at $14.94 on Wednesday. May Brent was quoted at $15.22/$15.35. Brent on IPE had settled 60 cents firmer at $15.35 for May on Wednesday.