Oil Advances 27 Cents to $86.08 a Barrel

- July 12th, 2012

Business Week reported that oil advances 27 cents to $86.08 a barrel as the U.S. announced further sanctions on Iran.

Business Week reported that oil advances 27 cents to $86.08 a barrel as the U.S. announced further sanctions on Iran.

As quoted in the market news:

Crude oil for August delivery increased 27 cents to settle at $86.08 a barrel on the New York Mercantile Exchange. Prices have decreased 13 percent this year.

Click here to read the full Business Week report.

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