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Brent, US crude up more after Egypt OKs Iran warship passage
February 18, 2011 / 4:25 PM / in 7 years

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

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)

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