Oil prices up in Asian trade

Oil prices up in Asian trade

Updated at: 0858 PST, Friday, November 20, 2009 SINGAPORE: Oil rose in Asian trade Friday as investors bought the commodity at more attractive prices, but concerns over the strength of the global economic recovery has injected caution into the market. New York's main contract, light sweet crude for December delivery, climbed 18 cents to 77.64 dollars a barrel after slumping 2.12 dollars in US trade overnight. Brent North Sea crude for January rose 23 cents to 77.87 dollars, after dipping 1.83 dollars in London trade.