Crude oil futures neared $93 a barrel in Asia today supported by the decline in the inventories..
As per reports and information from our sources,Crude oil futures neared $93 a barrel in Asia electronic session today supported by the decline in the inventories.
Oil futures jumped back above $$90 a barrel Friday, adding to the previous session's sharp gains on a view that the recession worries that pulled prices lower in recent weeks may have been overblown.At the pump, meanwhile, gas prices fell below $$3 for the first time in weeks.Energy investors were heartened by recent moves by the Federal Reserve and Congress to shore up the economy, which could prevent oil demand from slowing as much as many had feared.