Crude futures during the Asian trading hours were up on the back of increased demand from corporates. Cold winter season Northern Europe has escalated internal demand for fuel in the economy, which had a reflection in crude futures in ICE Exchange Future.
Crude futures for March delivery were up 21 cents to $97.12 per barrel during the last trade on the New York Mercantile Exchange. At the same time, the Brent crude was trading 21 cents higher at $115.89 per barrel in London.
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