Oil price up $0.52, to $70.11 in London, in New York at $69.50 (+0.7)

As of February 8th, the IPE Brent Crude February futures contract rose to $70.11 (+0.52) a barrel on the London-based ICE Futures Europe exchange. Light Sweet Crude was slightly up $0.7, to $69.50 on the New York Mercantile Exchange.