USD 66.6082

+0.61

EUR 73.9484

+0.73

BRENT 60.24

+0.47

AI-92 42.23

+0.04

AI-95 45.97

+0.02

AI-98 51.74

0

Diesel 45.89

+0.11

10

Oil Jumped On Snowstorms Reports

Oil prices have briefly risen above $60 a barrel as snowstorms in the US North East

Oil prices have briefly risen above $60 a barrel as snowstorms in the US North East boosted demand for heating oil.

US light crude reached $60.08 on Monday before slipping back to $59.96 on the NYMEX.

In London, Brent crude futures rose 84 cents to $57.89 on the IPE.

Arctic weather in the US North East has pushed the price of heating oil, used to heat most homes, close to record levels.