USD 77.9568

+0.47

EUR 88.9097

+0.38

Brent 85.88

+0.82

Natural gas 2.928

+0.02

153

Crude Prices Rose Again

Crude oil prices surged above $61 a barrel Thursday

Crude Prices Rose Again

Crude oil prices surged above $61 a barrel Thursday amid concerns over a cold winter snapping the US northeast when demand for heating fuel is forecastto surge.

US light sweet crude for delivery in December, climbed 43 cents to end at $61.09 a barrel.

In London, the price of Brent North Sea crude for December delivery gained 27 cents to $59.14 a barrel.

Worries about cold weather hitting the US northeast saw New York crude futures surge $2.12 on Tuesday to close at $62.44 per barrel.


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