Oil price up to $106.27 in London and to $109.92 in New York
In London, the April Brent Crude contract was up $1.02 on March 12 to $106.27 per barrel on the ICE Futures exchange. Light Sweet Crude for April delivery climbed $1.17 to $109.92 on the New York Mercantile Exchange, Neft Rossii reports.