Published On: Tue, Aug 13th, 2013

Oil Stabilizes near $106; pump prices fall

The price of oil rose modestly Tuesday as traders waited for more economic news from the U.S. Benchmark crude for September delivery was up 20 cents to $106.31 a barrel at midday Bangkok time in electronic trading on the New York Mercantile Exchange. The contract gained 14 cents to close at $106.11 on Monday. Source : Saudi Press Agencyoila

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