Oil near $98 ahead of US crude supply data - Boston.com

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Oil prices rose to near $98 a barrel Tuesday in Asia as traders looked to the latest U.S. crude supply reports for signs demand may be improving.

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Oil prices rose to near $98 a barrel Tuesday in Asia as traders looked to the latest U.S. crude supply reports for signs demand may be improving. Benchmark crude for January delivery was up 72 cents at $97.64 a barrel at late afternoon Singapore time in electronic trading on the New York Mercantile Exchange. The contract fell 75 cents to settle at $96.92 in New York on Monday.

Oil near $98 ahead of US crude supply data - Boston.com

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