Urgent: Oil rebounds on tension over Iran

QiaoJiHong
0 Comment(s)Print E-mail Xinhua, September 28, 2012
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Urgent: Oil rebounds on tension over Iran

NEW YORK, Sept. 27 (Xinhua) -- Crude prices rebounded on Thursday as tension between Iran and the West over Teheran's disputed nuclear program were likely to rise.

Light, sweet crude for November delivery rose 1.87 dollars, or 2.08 percent, to settle at 91.85 dollars a barrel on the New York Mercantile Exchange. In London, Brent crude for November delivery also gained and last traded around 112 dollars a barrel. Enditem

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