10 April 2008 11:06 [Source: ICIS news]
LONDON (ICIS news)--Crude prices rose by more than a dollar on Thursday to take Brent on ICE Futures to a new record high on follow through strength after the weekly ?xml:namespace>
By 9:55 GMT, May Brent crude had hit a high of $109.94/bbl, a gain of $1.47/bbl over the Wednesday close of $108.47/bbl, before easing back to around $109.85/bbl.
At the same time, May NYMEX crude was trading around $112.10/bbl, having hit a high of $112.16/bbl, a gain of $1.29/bbl over the previous close.
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