TODAY.AZ / Business

Oil prices rise on Egypt unrest; Azeri Light tops $103

04 February 2011 [10:51] - TODAY.AZ
Oil prices have again jumped up in the world markets.
A barrel of Azeri Light crude price hit 2.5-year high and topped $103.75, as investors kept an anxious eye on Egypt and worried about unrest there disrupting the flow of oil from the Middle East.

A barrel of Light sweet crude oil rose $ 0.09 and sold for $ 90.86 in New York market, while British Brent crude oil surged $ 0.60 to trade at $ 102.34 at the London ICE.


/AzerTAc/
URL: http://www.today.az/news/business/80393.html

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