Oil prices rose in Asian trade Thursday as tensions sparked by the killing of the US ambassador to Libya and a German court ruling on a eurozone bailout fund helped boost prices. New York’s main contract, light sweet crude for delivery in October, was up eight cents to $97.09 a barrel in the morning, while Brent North Sea crude for the same month was up 12 cents to $116.08 a barrel. The US government’s Energy Information Administration (EIA) announced on Wednesday that American crude oil stockpiles rose by two million barrels in the week ending September 7.
Oil prices rise in Asian trade
