Crude jumps above $91 mark

Oil prices jumped 2% above the USD 91 mark as 2 other oil fields in the north sea were shut thus increasing supply concerns for the market.

January 12, 2011 / 07:55 IST

Oil prices jumped 2% above the USD 91 mark as 2 other oil fields in the north sea were shut thus increasing supply concerns for the market. Currently it is trading at USD 91.14 per barrel.

In the base metal space, copper prices rose the most in four weeks on Japan's plans to buy european-aid bonds.

Gold too continued its steady rise fueled by deepening worries on the European debt crisis.

first published: Jan 12, 2011 07:53 am

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