Oil prices go up

Oil prices rose one per cent on Friday as involuntary supply cuts from Venezuela and Iran plus conflict in Libya supported perceptions of a tightening crude market, while upbeat Chinese economic data eased concerns about waning crude demand.
Brent crude oil futures rallied 69 cents to $71.52 a barrel.
U.S. West Texas Intermediate (WTI) crude futures rose 56 cents to $64.14 a barrel.

comments powered by Disqus
Most Popular
Ruel Reid purchased $45 million home this...
Jamaica signs air service agreement with...
Reggae Boyz finetune preparations for CNL...