ASIAN MARKET NEWS 21 FEBRUARY 2016

Oil prices, which remain at multi-year lows, saw some gains during Asian hours with US crude up 0.88 percent at USD 29.90 a barrel as of 9.25 a.m. HK/SIN time, after settling down 3.67 percent on Friday during U.S. hours. Global benchmark Brent crude was up 0.70 percent at USD 33.24 a barrel after dropping 3.85 percent during US hours on Friday.

Energy plays in the region traded mostly lower, with shares of Santos down 1.33 percent, Woodside Petroleum declining 1.28 percent and Inpex losing 2.60 percent. But Japan's Fuji Oil and Australia's Oil Search bucked the trend to trade up 0.98 percent each. 


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