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Oil prices hover below $76
SINGAPORE Published in Saudi Press Agency on 07 - 12 - 2009

Oil prices hovered below $76 a barrel Monday in Asia, the Associated Press reported.
Benchmark crude for January delivery was up 11 cents to $75.58 at late afternoon Singapore time in electronic trading on the New York Mercantile Exchange. The contract lost 99 cents to settle at $75.47 on Friday.
In other Nymex trading in January contracts, heating oil rose 0.97 cent to $2.04 and gasoline was steady at $1.98. Natural gas jumped 11.5 cents to $4.70 per 1,000 cubic feet.
In London, Brent crude for January delivery rose 28 cents to $77.80 on the ICE Futures exchange.

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