Cyprus bailout, Oil prices up in Asia
Oil prices rose in Asian trade Monday after Cyprus and its international creditors reached an agreement ransom of 10 million euros, avoiding the collapse of the banking contract in the country s main s system.
New York, light sweet crude for May delivery added 42 cents to $ 94.13 a barrel and Brent North Sea for May delivery rose 44 cents to $ 108.10 in mid-morning trade.
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