Oil prices continue to rise

Oil prices continue to rise
# 17 August 2012 08:35 (UTC +04:00)
Baku – APA-ECONOMICS. Oil prices fell after news reports suggested the U.S. might tap its strategic reserves to slow the rising price of oil, U.S. News & World Report‎ reported.

Benchmark crude for September delivery was down 49 cents to $95.11 per barrel at midday Bangkok time in electronic trading on the New York Mercantile Exchange. The contract rose $1.27 to finish at $95.60 per barrel in New York on Thursday.

Brent crude went up $0.65 at $116.90 on the ICE futures exchange in London.
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