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Oil prices rise above $79
- Middle East: Monday, October 19 - 2009 at 10:23
Oil prices climbed above $79 a barrel to a 2009 high on Monday in Asia, reported AP. Benchmark crude for November delivery rose as much as 52 cents to $79.05 a barrel but later fell back and was up 24 cents at $78.77 by midday Singapore time in electronic trading on the New York Mercantile Exchange. The contract added 95 cents to settle at $78.53 on Friday.
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StaffMonday, October 19 - 2009 at 10:23 UAE local time (GMT+4)
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