Oil rises above $91 in Asia as Greek polls suggest pro-austerity parties may form government

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Oil rises above $91 in Asia as Greek polls suggest pro-austerity parties may form government

Washington Post – Oil rose above $91 a barrel Monday in Asia as Greek polls suggested pro-austerity parties might win elections next month, raising the likelihood the country will stay in the euro common currency. Benchmark oil for July delivery was up 76 cents to $91.62 a barrel at late afternoon Singapore time in electronic trading on the New York Mercantile Exchange. The contract rose 20 cents to settle at $90.86 in New York on Friday. Read Article

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