The Traderszone Network

Published in TZ Latest News 24 May, 2015 by The TZ Newswire Staff

Oil prices edge up on firm Asian, U.S. demand

Crude oil futures held steady amid low trading volumes on Monday, although healthy Asian appetite and demand from the U.S. driving season could provide some upside. U.S. crude prices were up 4 cents at $59.76 a barrel. Japan’s customs-cleared crude oil imports rose 9.1 percent to 3.62 million barrels per day (17.28 million kilolitres) in April from the same month a year earlier, the Ministry of Finance said on Monday.