Bank Of Baku

Oil prices rise

Oil prices rise
# 09 March 2010 07:34 (UTC +04:00)
Baku. Vahab Rzayev – APA-Economics. Oil prices headed higher toward $82 a barrel Monday, extending gains from last week amid signs the global economy may be improving, reported Associated Press.

By early afternoon in Europe, benchmark crude for April delivery was up 43 cents to $81.93 a barrel in electronic trading on the New York Mercantile Exchange. Earlier in the session, it peaked at $82.41. The contract rose $1.29 to settle at $81.50 on Friday.

In London, Brent crude was up 58 cents at $80.47 on the ICE futures exchange.
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