Crude oil advances during Asian trade

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Source: Forexpros
Crude oil futures moved higher during Asian session on Friday as expectation for new round of QE buoyed the price. Light, sweet crude oil futures for delivery in June traded at 92.63 US Dollars per barrel on the New York Mercantile Exchange, growing by 0.08%. Meanwhile, Brent oil for delivery in July traded at 107.34 US Dollars per barrel, rising by 0.27%. The spread between Brent and crude oil futures consolidated at 14.71 US Dollars.


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