World Oil Prices Restart Tentative Rise

June 17, 2010
The price of oil on world commodity exchanges was growing Thursday morning on news of growing crude stock reserves in the United States.
The price of a July futures contract for WTI light sweet crude in electronic trading on Nymex was up 62 cents to $77.05 a barrel by 7:10 Moscow time. The price of a July futures contract for North Sea Brent blend was up 18 cents to $77.96 in London.
Oil prices climbed the day before on news fuel stock reserves in the United States had dropped. July WTI contracts grew 73 cents to $77.67 a barrel, while July Brent contracts were up $1.04 to $78.14 per barrel.
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