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Oil rises above $68
SINGAPORE Published in Saudi Press Agency on 27 - 07 - 2009

Oil prices rose above $68 a barrel Monday in Asia as a rally fueled by an improving economic and
corporate outlook extended into a third week, The Associated Press reported.
Benchmark crude for September delivery was up 52 cents to
$68.57 a barrel by late afternoon Singapore time in
electronic trading on the New York Mercantile Exchange. On
Friday, the contract rose 89 cents to settle at $68.05.
In other Nymex trading, gasoline for August delivery rose
2.01 cents to $1.94 a gallon and heating oil gained 1.86
cents to $1.80. Natural gas for August delivery fell 6.8
cents to $3.63 per 1,000 cubic feet.
In London, Brent prices rose 52 cents to $70.84 a barrel
on the ICE Futures exchange.

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