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Oil climbs above $75 as
world
demand grows |
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NEW YORK —
Oil rose slightly yesterday, inching
over $75 a barrel despite a stronger dollar, in seesaw trade inspired by
gains on Wall Street due to positive job numbers and news of a rescue plan
for Greece. US crude for March delivery rose 67 cents to $75.19 a barrel by
12:51 pm EST (17:51 GMT). London Brent crude rose 79 cents to $73.33.
“Basically, prices were following the dollar earlier and then when equities
started to rally, that brought in some buying,” said Peter Beutel,
president, Cameron Hanover, New Canaan, Connecticut. |
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Inside
Todays Edition |
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Picture of the day |
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ROSES are seen at FloraHolland, the
world’s biggest flower auction, in
Aalsmeer yesterday. The auction expects bumper sales next week. — Reuters |
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TEMPERATURES |
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Max |
Min |
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Muscat
|
26 |
17 |
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Salalah
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26 |
18 |
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PRAYER TIMINGS |
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Muscat |
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Dhuhr |
12:26 |
PM |
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Asr |
03:41 |
PM |
|
Maghrib |
06:07 |
PM |
|
Isha |
07:17 |
PM |
|
Fajr |
05:25 |
AM |
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OIL PRICES |
|
Oman |
Mar |
$78.39 |
|
Dubai |
Mar |
$78.82 |
|
Merban |
Mar |
$79.57 |
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Arabian Light |
Mar |
$80.10 |
|
Arabian Heavy |
Mar |
$78.15 |
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N Sea Brent |
Mar |
$78.77 |
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West Texas |
Jan |
$79.62 |
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24566601
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Ruwi,
24702850 |
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