SINGAPORE: Oil prices inched higher to near $103 a barrel Wednesday in Asia as traders mulled whether a weakening dollar could help push crude back to 2-year highs.
Benchmark oil for July delivery was up 23 cents to $102.93 a barrel at midday Singapore time in electronic trading on the New York Mercantile Exchange. The contract added $2.11 to settle at $102.70 on Tuesday.
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