Crude Prices Recover as Market Eyes Events in Japan, Middle East

摘要

Nymex crude futures staged a modest recovery Wednesday after Tuesday’s steep selloff as violent unrest in Libya and Bahrain led to concerns about disruptions in global oil supplies. Nymex April crude settled 80￠ higher at $97.98 per barrel while April Brent rose $2.10 to $110.62 in London.