Bank Of Baku

Oil prices rise

Oil prices rise
# 19 November 2010 07:00 (UTC +04:00)
Baku – APA-Economics. Oil prices rose above $81 a barrel Thursday, driven by a rebound in stock markets and the effects of a weaker dollar, Business Week reported.

Benchmark oil for December delivery was up $1.22 to $81.66 a barrel by early afternoon in Europe in electronic trading on the New York Mercantile Exchange. The contract fell $1.90 to settle at $80.44 on Wednesday.

In London, Brent crude added $1.30 to $84.58 a barrel on the ICE Futures exchange.
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