Benchmark crude rose 2 cents to finish at US$106.72 per barrel on the New York Mercantile Exchange. It hit a day high of US$107.42 and a low of US$105.50 a barrel earlier in the day. Brent crude rose 15 cents to end at US$123.80 per barrel in London. OIL prices briefly topped US$54 a barrel yesterday,Cheap Air Jordans, getting a boost from stock investors who seemed hopeful a new plan to resolve America's banking crisis would spur economic growth. Better-than-expected housing news helped too. Benchmark crude for May delivery rose US$1.73 to settle at US$53.80 a barrel on the New York Mercantile Exchange, continuing its upward momentum. |
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