Bank Of Baku

Oil prices rise

Oil prices rise
# 01 October 2010 09:16 (UTC +04:00)
Baku - APA-Economics. Oil prices rose above $80 a barrel Friday in Asia as traders bet improving signs from the U.S. economy signal a growing appetite for crude, Associated Press reported.

Benchmark oil for November delivery was up 34 cents to $80.31 a barrel at midday Singapore time in electronic trading on the New York Mercantile Exchange. The contract rose $2.11 to settle at $79.97 on Thursday.

In London, Brent crude rose 34 cents to $82.65 a barrel on the ICE Futures exchange.
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