US crude oil futures edged higher above $77 a barrel, but trading volumes were light as market players awaited a slew of statistics due later in the day for further price direction.
NYMEX crude for March delivery was up 26 cents at $77.27 a barrel, after settling up $2.88 on Tuesday when prices got a boost from a weaker US dollar, stronger equities, and growing tensions over sanctions against.
Source BloombergUTV
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