Bank Of Baku

Oil prices rise again

Oil prices rise again
# 10 December 2010 07:21 (UTC +04:00)
Baku – APA-Economics. The price of oil on world commodity exchanges was growing Friday morning as reports arrived that new US unemployment clams re falling, Oil and Gas Industry Latest News reported.
The price of a January futures contract for WTI light sweet crude in electronic trading on Nymex was up 20 cents to $88.57 a barrel by 6:45 Moscow time. The price of a January futures contract for North Sea Brent blend has risen 24 cents to $91.22 in London.
Oil prices rose the day before on positive US labor department data with January WTI contracts up 9 cents to $88.37 a barrel and January Brent contracts up 22 cents to $90.99.
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