Oil rises above $79 a barrel in Asia

Reposted from: http://www.nwotruth.com/oil-rises-above-79-a-barrel-in-asia/

December 30, 2009 @ 10:01 am

KUALA LUMPUR, Malaysia (AP) – Oil prices rose above $79 a barrel Wednesday in Asia despite a surprise rise in weekly U.S. crude inventories ahead of the release of government data. Benchmark crude for February delivery was up 19 cents to $79.06 a barrel at late afternoon Singapore time in electronic trading on the New York [...]