Crude oil for April delivery rose to US$43.11 a barrel on the NYMEX, Brent crude rose to US$44.95 on London’s ICE Futures Europe exchange. Crude oil prices have risen past US$42/barrel, trading at levvels near the highest in a month- As equity markets gain strength and US gasoline supplies decline, they have fueled the deduction of an improvement in fuel demand.
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Friday, February 27, 2009
Crude oil trades at highest level in a month
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