Bank Of Baku

Brent above $100 - the highest settlement since May 31

Brent above $100 - the highest settlement since May 31
# 04 July 2012 07:38 (UTC +04:00)
Baku - APA-Economics. On July 3, light, sweet crude oil for August delivery settled at $87.66 a barrel on the New York Mercantile Exchange.

Meanwhile, Brent crude-oil futures settled higher by $3.34, or 3.43%, at $100.68 a barrel for August delivery on the Intercontinental Exchange.

The last time Brent closed above $100 was May 31.

Analysts said new round of headlines over Iran’s nuclear program were lifting futures.
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