Petroleum Prices Rise as Supply Concerns Grow

摘要

Crude oil and fuel futures climbed on Wednesday against the backdrop of rising demand and supply concerns. In London, Brent crude for August delivery settled 69￠ higher at ff116.29 per barrel. In New York, July West Texas Intermediate (WTI) on Nymex closed up 59￠ at ff115.26/bbl while the August contract gained 81￠ to end the session at ff112.72/bbl.