| From Gulfnews.com: Considering oil price movements in the second half of 2010, it is not surprising that the momentum has carried oil prices to new highs in January this year. The price of brent, the now preferred marker crude, may have approached $100 (Dh367.24) a barrel and its average for January may be close to $97 a barrel as compared to $92.19 last December.
Similarly, Opec's basket of crudes price started the year at $88.99 a barrel and approached $95 more than once. The average for the month may be close to $93 a barrel compared to $88.56 a barrel in December and $72.51 a barrel in July 2010...........................................Full Article: Source
|