Thu, 29 Jan 2015 10:06:06 GMT
Oil rebounds in Asia amid demand prospects
On Thursday prices for NYMEX crude oil in Asia edged up slightly amid noticeable demand prospects in the US economy. Oil futures for March delivery added 0.20% to $44.54 per barrel in Asia, while WTI futures experienced further pressure despite US economy expansion. Meanwhile, Brent futures for March delivery slid 0.96% and traded at $49.13 per barrel on the ICE