Crude oil price crosses $79 per barrel

Last updated: August 2, 2010

New York, NY (BBN)- Crude prices rose toward 12-week highs above US$ 79 per barrel on Monday, driven by investor appetite for commodities and energy risk, with macroeconomic indicators in top consumers like United States and China showing slower but sustained growth.

BBN/SS/SI/AD-02Aug.10-12:56 pm (BST) 

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