Oil settles in Asian trading

11:17 5/2/2016
Engagements crude oil futures prices have stabilized in tepid trading Friday, while Ttrajat liquidity in Asia ahead of Lunar New Year holiday.

Futures prices of contracts for Brent crude reached the international standard of $ 34.50 a barrel at 04:26 GMT, four cents higher than last level of the settlement.

US crude contracts also rose to $ 31.80 a barrel, up eight cents.

Traders said low liquidity due to the Lunar New Year holiday that will last most of next week