Oil prices rise

Oil prices rise
# 10 June 2010 07:00 (UTC +04:00)
Baku – APA-Economics. Oil prices made strong gains on Wednesday as relatively upbeat comments by Federal Reserve chief Ben Bernanke and declining US stockpiles lifted the economic recovery outlook, Sydney Morning Herald reported.

New York’s main futures contract, light sweet crude for delivery in July, rose $US2.39 to settle at $US74.38 a barrel.

In London, Brent North Sea crude for July gained $US1.97 to settle at $US74.27.
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