Singapore, May 26: Oil prices were steady in Asian trade today given thin interest due to the long holiday weekends in the United States and Britain, dealers said. At 12:30 pm (1000 IST), New York's benchmark light sweet crude contract for July delivery traded at 29.16 dollars a barrel, unchanged from its close in New York Friday.
"With the US and UK closed, there is not much of a market today. It's very quiet in Asia ... Nothing much is happening," a local trader said.
Bureau Report