Commodities

Crude Edges Up In Asian Session

The price of crude oil edged up in Asian session Friday after falling for the last five sessions.

Light Sweet Crude Oil (WTI) futures for March delivery, edged up $0.22 to $96.58 a barrel. Yesterday, oil ended lower for a fifth session mostly impacted on demand concerns after U.S. oil stockpiles increased more than expected last week, even as the dollar continues to fluctuate against a basket of major currencies.

by RTTNews Staff Writer

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