U.S. crude prices steady in thin Asian trading ahead of Lunar New Year

February 5, 2016 12:38 AM

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U.S. crude prices steady in thin Asian trading ahead of Lunar New Year

SINGAPORE U.S. crude oil futures were steady in lackluster early Asian trading on Friday as liquidity faded ahead of the Lunar New Year holiday across large parts of the region.

U.S. crude futures CLc1 were trading at $31.73 per barrel at 0023 GMT, virtually unchanged from the previous close, and traders said liquidity was low due to the Lunar New Year holiday which will last for most of next week.

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