Brent rises above $106

Oil prices are listed at the New York Mercantile Exchange, Tuesday, March 13, 2007. Oil prices rebounded Tuesday, March 13, 2007 from a big decline a day earlier as traders weighed a new forecast for a steep drop in world crude supplies. Gasoline futures briefly climbed to their highest level since August. (AP Photo/Mark Lennihan)

Rising prices: oil price rose higher on Friday on concerns over supply

Mark Lennihan

News Wires

 03 August 2012 04:32 GMT

Brent crude inched above $106 a barrel on Friday on concerns over supply from the Middle East and the North Sea, though worries over a slowing global economy capped gains.

Become an Upstream member!

Membership includes a subscription to our weekly newspaper providing in-depth news from the energy industry, plus full-access to this site and its archives. Still not convinced? Try our free trial.

Already a member?

Login

Upstream share price index