Crude oil for August delivery rose 1.2 percent to $75.92 a barrel on the New York Mercantile Exchange yesterday, after earlier climbing to as much as $76. That's the highest intraday price since Aug. 10 last year.
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Asia Stocks Gained
Singapore's stocks rose, helping the Straits Times Index to its biggest gain in two weeks
Singapore's stocks rose, helping the Straits Times Index to its biggest gain in two weeks. Keppel Corp. led advances among oil-services companies after crude prices reached an 11-month high of $76 a barrel.
The Straits Times Index climbed 46.76, or 1.3 percent, to 3,651.38 at the close of trading, its biggest advance since July 9. Gains today helped trim the measure's loss this week to 0.1 percent, after two consecutive weekly gains. The July futures contract rose 1.2 percent to 450.4.
Crude oil for August delivery rose 1.2 percent to $75.92 a barrel on the New York Mercantile Exchange yesterday, after earlier climbing to as much as $76. That's the highest intraday price since Aug. 10 last year.
Crude oil for August delivery rose 1.2 percent to $75.92 a barrel on the New York Mercantile Exchange yesterday, after earlier climbing to as much as $76. That's the highest intraday price since Aug. 10 last year.
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