Crude rises to 27-month peak; trading at $ 91.47/bbl

In commodities - oil prices rose to a 27-month peak as upbeat European and US manufacturing data and forecasts for cold weather reinforced optimism about economic and energy demand growth. Currently it is trading at USD 91.47 per barrel.

January 04, 2011 / 07:53 IST

In commodities - oil prices rose to a 27-month peak as upbeat European and US manufacturing data and forecasts for cold weather reinforced optimism about economic and energy demand growth. Currently it is trading at USD 91.47 per barrel.

first published: Jan 4, 2011 07:51 am

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