Oil prices gain in Asian trade | The Daily Star
12:00 AM, October 12, 2007 / LAST MODIFIED: 12:00 AM, October 12, 2007

Oil prices gain in Asian trade

World oil prices rose in Asian trade Thursday in an edgy market that dealers say remains well supported by concerns over tight supplies.
New York's main oil futures contract, light sweet crude for delivery in November, was 16 cents higher at 81.46 dollars per barrel in afternoon trade.
It rose more than a dollar in US trades to 81.30 dollars per barrel on Wednesday.
Brent North Sea crude for November delivery was 25 cents higher at 78.85 dollars per barrel after gaining 1.11 dollars in London.

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