Arab Today, arab today oil hovers near 108
Last Updated : GMT 19:10:18
Arab Today, arab today
Arab Today, arab today

Oil hovers near $108

Arab Today, arab today

Arab Today, arab today Oil hovers near $108

Bangkok - SPA

The price of oil hovered near $108 a barrel on Wednesday, AP reported. Benchmark oil for October delivery was down 60 cents to $107.94 per barrel at late afternoon Bangkok time in electronic trading on the New York Mercantile Exchange. Oil rose above $108 a barrel Tuesday. The contract gained 89 cents, or 0.8 percent, to close at $108.54 on the Nymex. Brent, the benchmark for international crudes, fell 38 cents to $115.31 a barrel on the ICE Futures exchange in London.

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