USD 63.6336

-0.13

EUR 70.9196

-0.25

BRENT 61.12

+1.52

AI-92 42.28

0

AI-95 46.05

+0.01

AI-98 51.7

-0.05

Diesel 46.26

+0.01

18

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.