Oil edged close to US$105 a barrel in Asian trade early Thursday
Oil rose again to $105 a barrel in Asian trade early Thursday as investors worried over an unexpected drop in US energy stockpiles.
OPEC's decision to maintain output levels and the dollar's continued weakness were also driving crude higher, they said.
New York's main contract, light sweet crude for April delivery, traded at a new high of US$104.95. It closed Wednesday at US$104.52.