TODAY.AZ / Business

Nymex crude hits $52.24

19 January 2007 [00:04] - TODAY.AZ
Crude oil is going to recover on the market.

Nymex February crude rose US$1.03 to settle at US$52.24 a barrel. That price, however, is down sharply from its year-end level when Nymex crude was more than US$61 per barrel.

Brent Crude gained 1.16 to settle at $52.78 on London's ICE Futures Market. APA

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