Oil prices rise amid signs of boost in demand

Oil prices today climbed above $70 a barrel amid further signs that a global economic recovery will boost demand.

Oil prices rise amid signs of boost in demand
Mon, 03 Aug, 2009 - 09:47

Oil prices today climbed above $70 a barrel amid further signs that a global economic recovery will boost demand.

Benchmark crude for September delivery rose to $70.18 a barrel in Singapore and is expected to test its eight-month high of $73.23 in coming days.

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CourtsBusinessOil pricesPlace: SingaporePlace: USPlace: IranPerson: Victor ShumPerson: Mohammad Ali KhatibiOrganisation: BenchmarkOrganisation: Purvin & GertzOrganisation: Organisation of Petroleum Exporting Countries
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