Oil surges to $60.62/bl
| Crude oil prices in the international market flared up on Tuesday, with the Nymex U.S. light crude oil for August delivery soaring $1.70 to settle at $60.62 a barrel. The London Brent crude moved up $1.40 to $58.82 per barrel. The commodity segment saw the Comex gold dip 80 cents to close at $427.10 an ounce. |
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First Published: Jul 13 2005 | 9:10 AM IST