Baku – APA-Economics. New York’s main contract, light sweet crude for December, surged to $US86.49 a barrel, up $US1.80 from Wednesday’s close, Sydney Morning Herald reported.
It had earlier reached its highest price since early May at $US86.78.
In London, Brent North Sea crude for December delivery rallied as high as $US88.21, also reaching a level last seen on May 4. It settled $US1.62 higher at $US88.00.
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