Oil prices rises in Asia
Thursday, 28 August 2014
SINGAPORE, Aug 27 (AFP): Oil prices rose in Asia Wednesday as dealers await the latest US stockpiles report for clues about demand in the world's top crude consumer, while buying was boosted by upbeat economic data out of Washington.
US benchmark West Texas Intermediate for October delivery was up three cents at $93.89 while Brent crude for October jumped 22 cents to $102.72 in afternoon trade.
The US Department of Energy will release the official petroleum stockpiles report for the week to August 22 later Wednesday.