News - page 72

13

Jan

Oil Prices Gain On Global Supply Threats

NEW YORK (TheStreet) — Oil prices continued to linger below $100 a barrel Friday following reports that a European Union embargo on Iranian crude imports may be delayed.

West Texas Intermediate (WTI) light sweet crude oil for February delivery was rising 18 cents to $99.28 a barrel. At the same time, the European Brent crude contract for March delivery was down 10 cents to $110.95.
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