Oil up in Asia ahead of Fed chief's testimony

SINGAPORE: Oil was up in Asian trade Tuesday ahead of a testimony in Congress by Federal Reserve chief Ben Bernanke on the US economy.

New York's main contract, light sweet crude for delivery in June added 15 cents to $96.86 a barrel and Brent North Sea crude for July delivery increased 15 cents to $104.95 in mid-morning trade.

AFP
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