Thu, 15 Mar 2012 09:24:42 GMT
Crude oil added 0.12% during Asian session
Crude oil advanced during Asian session on Thursday after being impacted by less than expected US oil inventory fall last week. Moreover, speculation that Saudi Arabia will manage to replace Iranian oil supplies also dampened the market sentiment. Light, sweet crude oil futures for April delivery traded at 105.56 US Dollars per barrel on the New York Mercantile Exchange, increasing