Oil prices broke US$80 level

4:47 am February 25, 2010| Last Modified: 4:47 am February 25, 2010

New York, NY (BBN)- Oil prices broke USD 80 level in the New York Mercantile Exchange, as comments from US Federal Reserve Chairman to keep interest rates low outweighed a report showing a build in US crude stockpiles.

Gold price edged down on Thursday after the USD rebounded against the EUR and investors turned cautious as the bullion failed to sustain recent gains.

BBN/SS/SI/AD-25February10-10:48 am (BST)

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Currency	Selling	Buying
USD	83.90	82.25
GBP	112.09	109.57
EUR	98.81	96.59
JPY	0.7484	0.7236
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	Price	Change
GOLD (US $/Oz)	1289.80	-2.3999
SILVER (US $/Oz)	17.075	-0.037
COPPER(US$/MT)	3.133	-0.004
OIL (US$/bbl.)	57.95	-0.07
COTTON # 2 (US$/lb)	71.04	0.90
WHEAT (CBOT) (USD/bu)	440.75	UNCH
PALM OIL (USD/MT)	2644	22
SOYBEAN OIL (US$/lb)	997.25	UNCH
SUGAR #11 (US$/lb)	15.25	0.37
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Oil prices broke US$80 level

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