Bank Of Baku

WTI crude goes down

WTI crude goes down
# 09 February 2011 07:02 (UTC +04:00)
Baku – APA-ECONOMICS. Oil futures headed higher Tuesday as concerns that China’s interest-rate increase would curb economic growth gave way to optimism that oil demand would remain steady, Wall Street Journal reported.
Light, sweet crude oil for March delivery rose 37 cents, or 0.4%, at $87.85 a barrel on the New York Mercantile Exchange. Brent crude oil on the ICE futures exchange rose 83 cents, or 0.8%, at $100.08 a barrel.
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