Baku. Vahab Rzayev – APA-ECONOMICS. On February 24, oil prices closed above $109 US a barrel on fresh concerns about Iran’s nuclear program and despite evidence that demand remains weak. Retail gasoline prices in Canada and the U.S. also rose. Crude for April delivery closed at $109.77 a barrel in New York, up $1.94.
In London, ICE Brent crude climbed to $125.01 a barrel, up $1.42 or 1.2 percent.
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