Bank Of Baku

Oil prices rise sharply

Oil prices rise sharply
# 31 January 2011 07:27 (UTC +04:00)
Baku – APA-Economics. On the New York Mercantile Exchange, crude for March delivery CLH1 ended up $3.70, or 4.32 percent, at $89.34 a barrel, after trading from $85.11 to $89.73, Reuters reported.

It was the biggest one-day gain since Sept. 30, 2009, when prices ended up 5.8 percent.

In London, ICE March Brent crude rose 2 percent to 99.42 a barrel.
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