SINGAPORE: Oil prices edged higher in subdued Asian trade on Thursday as investors anticipated upbeat US stockpiles data and grew more optimistic about the world’s top economy, analysts said.
New York City’s main contract, West Texas Intermediate (WTI) for February delivery, was up 29 cents at $98.71 in afternoon trade, while Brent North Sea crude for February rose 29 cents to $111.09.
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