Baku. Vahab Rzayev – APA-ECONOMICS. Brent crude, a benchmark for foreign oil imported by U.S. refineries to make gasoline, added $1.24 to end the day at $122.90 per barrel in London. The U.S. benchmark, West Texas Intermediate crude, which has ample supplies in the Midwest, rose slightly, adding just 3 cents to finish at $106.28 per barrel in New York.
Oil prices have soared this year as tensions grew between Iran and the West. Brent crude has jumped 14 percent since the start of 2012 and WTI has increased 7 percent.
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