Bank Of Baku

Oil prices rise

Oil prices rise
# 21 July 2010 07:37 (UTC +04:00)
Baku - APA-Economics. Oil prices climbed in lacklustre New York trade on Tuesday as the market anticipated a drawdown in US crude oil reserves and kept an eye on a possible tropical storm brewing in the Caribbean, Channel News Asia reported.

New York’s main contract, light sweet crude for delivery in August, rose to 77.44 dollars a barrel, up 90 cents from Monday’s close.

In London, Brent North Sea crude for September added 60 cents to settle at 76.22 dollars.
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