Oil prices rise

Oil prices rise
# 27 May 2010 07:00 (UTC +04:00)
Baku – APA-Economics. World oil prices rallied on Wednesday, with sentiment lifted by rebounding stock markets and fresh data pointing to a sustained economic recovery in the key US energy market, Channel News Asia reported.

New York’s main contract, light sweet crude for delivery in July, jumped 2.76 dollars to 71.65 dollars a barrel at the end of Wednesday trade.

London’s Brent North Sea crude for July soared 2.19 dollars to 71.74 dollars.
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