Crude Oil Exceeds $80 A Barrel In Asian Markets

Monday, March 1, 2010 at 5:40 pm

Oil up in Asia

Crude oil exceeds $80 a barrel in Asian markets.

During trading in Singapore delivery contract for March increased by 50 cents to 80.16 cents per barrel. London Brent North crude for April delivery was at $78.80 with an increase of 47 cents.
According to the traders, the fall of dollar against Euro pushed the prices of oil and other commodities.