Crude up in Asia on bargain-hunting


Oil prices inched up in Asian trade Monday as traders bought up cheap crude following a price plunge late last week caused by disappointing US jobs figures, analysts said. New York’s main contract, West Texas Intermediate (WTI) light sweet crude for delivery in August, gained 38 cents to $84.83 a barrel and Brent North Sea crude for August delivery rose 55 cents to $98.74.


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