Benchmark crude for March delivery rose to US$89.5 in electronic trading on the Nymex, while in London, Brent crude rose to US$89.5 on ICE Futures exchange. The contract spiked by close to 4% to settlle at US$89.
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Wednesday, February 02, 2011
Oil prices rise past US$89 on unrest in Egypt that threatens to spread across Middle East
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