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Watch: Oil prices continue to rise

The days of $ 140 a barrel oil may seem a distant memory. But oil prices are slowly creeping upwards. From a low of $34 a barrel in February, oil has surged 135 per cent to a high of $82 dollars in October.

OIL RAISES: US light crude for January delivery rose 67 cents to $50.60 by 0238 GMT.

Oil rises above $50; OPEC cut eyed

US light crude for January delivery rose 67 cents to $50.60 by 0238 GMT.

http://www.ibnlive.com/news/oil-rises-above-50-opec-cut-eyed/78895-7.html

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