Oil price up to $79.47 in London and to $79.58 in New York

In London, the Brent Crude contract was up by $0.50 on November 18, 2009 to $79.47 per barrel on the ICE Futures exchange. Light Sweet Crude went up by $0.44 to $79.58 on the New York Mercantile Exchange, stated RIA Novosti.