Oil up in Asia on bargain hunting

SINGAPORE: Oil prices rose in Asian trade Monday as traders bought up cheap crude following a price plunge last week as investors waited for fresh economic data from China, analysts said.
New York's main contract , light sweet crude for delivery in May, added 29 cents to $88.30 a barrel and Brent North Sea crude for June delivery gained 28 cents t o$99.93.

AFP

Oil up in Asia on bargain hunting

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