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Oil Price rises to Near $85
Al Singapore Published in Saudi Press Agency on 29 - 11 - 2010

Hijjah 23, 1431, Nov 29, 2010, SPA -- Oil prices rose to near $85 a barrel Monday in Asia, the Associated Press reported.
Benchmark oil for January delivery was up $1.20 to $84.96 a barrel at late afternoon Singapore time in electronic trading on the New York Mercantile Exchange. The contract fell 10 cents to settle at $83.76 on Friday.
In other Nymex trading in December contracts, heating oil rose 2.4 cents to $2.34 a gallon and gasoline added 3 cents at $2.24 a gallon. Natural gas gained 3.6 cents to $4.44 per 1,000 cubic feet.
In London, Brent crude jumped 90 cents to $86.48 a barrel on the ICE Futures exchange.

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