13 July 2012 11:14 [Source: ICIS news]
LONDON (ICIS)--Crude prices gained more than $1.00/bbl on Friday to take Brent crude on ICE Futures above $102.00/bbl as a slowdown in ?xml:namespace>
Official data showed that
By 09:50 GMT, August Brent crude had hit a high of $102.24/bbl, a gain of $1.17/bbl from Thursday’s close of $101.07/bbl, before easing back to around $102.15/bbl.
At the same time, August NYMEX light sweet crude futures were trading around $86.75/bbl, having hit a high of $86.80/bbl, a gain of 72 cents/bbl from the previous close of $86.08/bbl.
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