Oil prices rise

Oil prices rise
# 18 March 2010 07:20 (UTC +04:00)
Bak – APA-Economics. Oil prices climbed sharply Wednesday after OPEC, the cartel that produces 40 percent of world crude, held current output quotas unchanged despite a recent runup in prices.

New York’s main contract, light sweet crude for April delivery rose 1.23 dollars to close at 82.93 dollars a barrel.

London’s Brent North Sea crude for May delivery leapt 1.43 dollars to 81.96 dollars a barrel.
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