Updated on
Summary
Oil prices rose in Asian trade Wednesday as a weaker greenback made US dollar-priced crude more attractive to traders. New York's main futures contract, light sweet crude for delivery in February, rose 24 cents to 74.64 dollars a barrel. Brent North Sea crude for February delivery was up four cents to 73.50 dollars. Oil is just moving with the dollar, dealer says. Yen gaining dollar makes the price of crude oil high today.
