
SINGAPORE (AP) -- Oil prices rose above $66 a barrel Friday in Asia after investor concerns about U.S. crude demand sparked a two-day plunge.
Benchmark crude for November delivery was up 75 cents at $66.64 a barrel by midday Singapore time in electronic trading on the New York Mercantile Exchange. On Thursday, the contract fell $3.08 to settle at $65.89, the lowest since July 29.
Oil fell $6.86 during Wednesday and Thursday after an unexpected increase in U.S. crude and gasoline supplies triggered doubts about consumer spending and the strength of the economic recovery.
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Created: 9/25/2009 7:13:29 AM 


