Brent crude settles higher but posts 0.9pc Q1 loss

28 Mar, 2013

NEW YORK: Brent crude futures edged up on Thursday, in choppy trading during the last session of the first quarter, as rising share prices on Wall Street and the weaker dollar helped lift dollar-denominated oil prices.

Brent May crude rose 33 cents, or 0.30 percent, to settle at $110.02 a barrel, having traded from $108.98 to $110.10.

For the quarter, Brent posted a loss of $1.09, or 0.9 percent.

<Center><b><i>Copyright Reuters, 2013</b></i><br></center>

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