2008 December 11   06:21

Oil price up to $42.40 in London and to $43.52 in New York

In London, the January Brent Crude contract was up $0.87 on November 27 to $42.40 per barrel on the ICE Futures exchange. Light Sweet Crude for January delivery climbed $1.45 to $43.52 on the New York Mercantile Exchange, RBC reports.