WSJ:OIL FUTURES: Crude Recovers Slightly After Bearish IEA Forecast
Crude-oil futures were largely steady in Asian trade Wednesday, edging upward after starting the day off in negative territory due to renewed demand concerns sparked by an International Energy Agency forecast.
On the New York Mercantile Exchange, light, sweet crude futures for delivery in December traded at $85.52 a barrel at 0652 GMT, up $0.14 in the Globex electronic session.
