Bank Of Baku

Oil prices rise

Oil prices rise
# 02 March 2011 07:39 (UTC +04:00)
Baku – APA-ECONOMICS. Oil prices rose above $100 a barrel Wednesday in Asia as a report showed U.S. crude and gasoline supplies unexpectedly dropped last week, suggesting demand may be improving, ABC News reported;.
Benchmark crude for April delivery was up 51 cents at $100.14 a barrel at midday Singapore time in electronic trading on the New York Mercantile Exchange. The contract rose $2.66 to settle at $99.63 on Tuesday.
In London, Brent crude for April delivery was up 23 cents to $115.65 a barrel on the ICE Futures exchange.
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