Bank Of Baku

Oil prices rise again

Oil prices rise again
# 27 April 2012 07:24 (UTC +04:00)
Baku – APA-ECONOMICS. Oil prices rose slightly above $104 a barrel Thursday in Asia after the U.S. central bank boosted its outlook for economic growth and employment this year, BusinessWeek reported.

Benchmark oil for June delivery was up 23 cents to $104.35 a barrel at late afternoon Singapore time in electronic trading on the New York Mercantile Exchange. The contract rose 57 cents to settle at $104.12 in New York on Wednesday.

Brent crude for June delivery was up 19 cents at $119.31 per barrel in London.
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