Oil price rises

Oil price rises
# 17 March 2010 08:48 (UTC +04:00)
Baku. Vahab Rzayev – APA-Economics. Light, sweet crude for April delivery settled $1.90, or 2.4%, higher at $81.70 a barrel on the New York Mercantile Exchange. It touched an intraday peak of $82.04 a barrel.

Brent crude on the ICE Futures exchange settled $1.13, or 1.5%, higher at $79.02 a barrel.

Leaders of the 12-nation Organization of Petroleum Exporting Countries (OPEC) have signaled they don’t expect the group to change production quotas when it meets Wednesday in Vienna.
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