Comment on Oil price extends gains in Asia on cold US weather

Oil price extends gains in Asia on cold US weather

The price of oil rose Wednesday in Asia on prospects U.S. demand will hold up amid cold weather, offsetting worries about a slowdown in emerging economies. Brent crude, a benchmark for international oil used by many U.S. refineries, was up 38 cents at $106.16 on the ICE exchange in London.

 

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