USD 76.3545

+0.08

EUR 89.2508

-0.23

BRENT 41.81

+0.38

AI-92 43.4

+0.02

AI-95 47.52

+0.02

AI-98 53.54

+0.06

Diesel 47.4

+0.02

53

Oil Prices Rose on OPEC Production Decline

Oil prices rose above $64 a barrel in Asian trading Friday

Oil prices rose above $64 a barrel in Asian trading Friday after a surge in the previous session, reacting to warnings that OPEC production was at its lowest point in two years.

Light, sweet crude for May delivery rose 28 cents to $64.13 a barrel in electronic trading on the New York Mercantile Exchange mid-afternoon in Singapore.

Brent crude contact for May delivery rose 54 cents to $69.26 a barrel on the ICE Futures exchange in London.