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Oil back above $98
Saudi Press Agency Published in Saudi Press Agency on 13 - 03 - 2014

The price of oil rose above $98 per barrel on Thursday after plunging the day before on concern China's economic slowdown is deepening, according to AP.
Benchmark U.S. crude for April delivery was up 11 cents to $98.19 per barrel at 0830 GMT in electronic trading on the New York Mercantile Exchange. A day earlier, the contract fell $2.04 to close at $97.99, its first close below $100 in a month.
Brent crude, used to set prices for international varieties of crude, was down 2 cents to $107.33 on the ICE exchange in London.

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