Oil price up $1.30 to $77.59 in London, in New York to $79.66 (+1.49)

As of February 26th, the IPE Brent Crude February futures contract rose to $77.59 (+1.30) a barrel on the London-based ICE Futures Europe exchange. Light Sweet Crude gained $1.49, to $79.66 on the New York Mercantile Exchange.