Sponsored Links

Brent, US crude up more after Egypt OKs Iran warship passage

NEW YORK | Fri Feb 18, 2011 11:39am EST

NEW YORK Feb 18 (Reuters) - Brent and U.S. crude oil futures rose further on Friday after Egypt approved the passing of two Iranian warships through the Suez Canal.

On the New York Mercantile Exchange, crude for March delivery was up $1.27 at $87.63 a barrel.

In London, ICE Brent April crude LCOJ1 as up 34 cents at $102.93 a barrel by 11:29 a.m. EST (1629 GMT). (Reporting by Gene Ramos; Editing by John Picinich)

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.