Oil prices up $5
Middle East: Thursday, June 12 - 2008 at 07:09
Crude oil rose more than $5 a barrel in New York on Wednesday following a US report that showed inventories fell for a fourth week. Crude oil for July delivery climbed $5.07, or 3.9%, to settle at $136.38 a barrel on the New York Mercantile Exchange.
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Jeff Florian, Senior ReporterThursday, June 12 - 2008 at 07:09 UAE local time (GMT+4)
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