Bank Of Baku

U.S. oil falls on rising stocks at Cushing

U.S. oil falls on rising stocks at Cushing
# 08 February 2013 23:21 (UTC +04:00)

 

Baku-APA. U.S. crude oil price fell on Friday on rising oil stocks at Cushing, delivery point for U.S. crude future contracts, APA reports quoting Xinhua.

 

Light, sweet crude for March delivery lost 11 cents, or 0.11 percent, to settle at 95.72 dollars a barrel on the New York Mercantile Exchange. But Brent crude for March delivery continued to rise and last traded close to 119 dollars a barrel.

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