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Oil prices steady above $137
SINGAPORE Published in Saudi Press Agency on 24 - 06 - 2008


Oil prices steadied above US$137 a barrel
Tuesday, the Associated Press reported.
Light, sweet crude for August delivery rose 85 cents to
US$137.59 a barrel in Asian electronic trading on the New
York Mercantile Exchange by midafternoon in Singapore. The
contract rose US$1.38 to settle at US$136.74 a barrel
Monday.
In other Nymex trading, heating oil futures added 3.5
cents to US$3.8314 a gallon (3.8 liters) while gasoline
prices rose 0.97 cent to US$3.4648 a gallon. Natural gas
futures added 3.9 cents to US$13.242 per 1,000 cubic feet.
Brent crude futures rose US$1.08 to US$136.99 a barrel on
the ICE Futures exchange in London.

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