Bank Of Baku

Oil prices rise again

Oil prices rise again
# 03 March 2014 08:32 (UTC +04:00)

Baku – APA-Economics. New York-traded crude oil futures inched up modestly on Friday, as a broadly weaker U.S. dollar and speculation frigid weather conditions in the U.S. will boost demand for oil products, such as heating fuel, lifted sentiment, NASDAQ reported.

 

On the New York Mercantile Exchange, light sweet crude futures for delivery in April settled up 0.19%, or $0.19 cents, to end the week at $102.59 a barrel.

 

On the ICE Futures Exchange in London, Brent oil futures for April delivery added 0.1% on Friday to settle the week at $109.07 a barrel.

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