Bank Of Baku

Brent crude rises

Brent crude rises
# 14 February 2011 07:40 (UTC +04:00)
Baku – APA-ECONOMICS. On the New York Mercantile Exchange, March crude settled at $85.58, down $1.15, or 1.33 per cent, the lowest close for a front-month contract since Nov 30’s settlement at $84.11. It traded from $85.10 to $87.77, Sydney Morning Herald reported.
In London, ICE March Brent expired with a gain, lifting front-month Brent futures to their highest weekly close since September 2008. April Brent posted a small loss of 50 cents at $100.94.
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