On Wednesday, the cost of a barrel hit a record of $62.50 and analysts said that prices were likely to stay close to those levels until problems ease.
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Crude Rose Again
Crude oil prices rose slightly on Thursday on the concerns over tight supplies
Crude oil prices rose slightly on Thursday on the concerns over tight supplies due to constantly growing demand.
US light sweet crude climbed 0.6% to $61.20 a barrel on the NYMEX.
On London?s IPE Brent crude also advanced 0.6% to $60 a barrel.
On Wednesday, the cost of a barrel hit a record of $62.50 and analysts said that prices were likely to stay close to those levels until problems ease.
On Wednesday, the cost of a barrel hit a record of $62.50 and analysts said that prices were likely to stay close to those levels until problems ease.
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