Bank Of Baku

Oil prices continue to rise

Oil prices continue to rise
# 24 February 2011 07:20 (UTC +04:00)
Baku – APA-ECONOMICS. Benchmark crude for March delivery was up 72 cents at $98.82 a barrel at midday Singapore time in electronic trading on the New York Mercantile Exchange, The Hindu reported.
The contract, which has soared 18 percent since last week, jumped $2.68 to settle at $98.10 on Wednesday.
In London, Brent crude for April delivery gained $1.11 to $112.36 a barrel on the ICE Futures exchange.
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