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Oil prices hover above $74 a barrel

5 years ago February 16, 2010 Feb 16, 2010 Tuesday, February 16 2010 Tuesday, February 16, 2010 7:08:52 AM EST in News
Source: Associated Press

Oil prices hovered above $74 a barrel Tuesday in Asia as investors looked for signs of improving global crude demand.

Trading volume was light in Asia, as many markets were closed in China, South Korea and Singapore for the Lunar New Year holiday.

Oil has traded between $69 a barrel and $84 for the least few months as investors struggle to gauge global crude demand.

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