World Oil Prices Rise on News From Egypt

February 3, 2011
The price of oil on world commodity exchanges was growing Thursday morning on fears that troubles in Egypt could result in delayed oil shipments.

The price of a March futures contract for WTI light sweet crude in electronic trading on Nymex was up 64 cents to $91.57 a barrel by 7:05 Moscow time. The price of a March futures contract for North Sea Brent blend was up 85 cents to $103.24 in London.

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