Fri, 18 May 2012 08:04:31 GMT
Crude oil advances during Asian trade
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