Bank Of Baku

Oil prices rise

Oil prices rise
# 02 December 2010 08:00 (UTC +04:00)
Baku – APA-Economics. The January contract was at $86.73 a barrel, down 2 cents in electronic trading on the New York Mercantile Exchange at 2:36 p.m. Singapore time. Yesterday, it rose $2.64 to close at $86.75, the highest settlement since Nov. 11, BusinessWeek reported.

Brent crude for January settlement was at $88.85 a barrel, down 2 cents, on the London-based ICE Futures Europe exchange. The contract rose $2.95, or 3.4 percent, to $88.87 yesterday.
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