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Oil prices rise to near US$62 a barrel
Saudi Press Agency Published in Saudi Press Agency on 22 - 09 - 2006

Oil prices rose in European trading Friday, rebounding from a midweek drop triggered by figures showing a surge in U.S. distillate supplies.
Light, sweet crude for November delivery gained 32 cents to US$61.91 a barrel in electronic trading on the New York Mercantile Exchange, midday in Europe. The contract on Thursday rose 85 cents to settle at US$61.59 per barrel.
November Brent crude on London's ICE futures exchange rose 31 cents to US$61.65 a barrel, the Associated press reported.

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