Bank Of Baku

Oil prices rise again

Oil prices rise again
# 30 November 2010 07:08 (UTC +04:00)
Baku – APA-Economics. Oil prices fell to near $85 a barrel Tuesday in Asia as traders looked to U.S. supply reports for clues about the strength of demand for crude, ABC News reported.

Benchmark oil for January delivery was down 61 cents to $85.12 a barrel at midday Singapore time in electronic trading on the New York Mercantile Exchange. The contract rose $1.97 to settle at $85.73 on Monday.

In London, Brent crude slid 62 cents to $86.72 a barrel on the ICE Futures exchange.
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