SINGAPORE: Oil prices rose to above $92 a barrel Friday in Asia, clawing back some of the previous session's big losses as investors mulled the impact of the IEA's release of emergency crude supplies.
Benchmark oil for August delivery was up $1.16 to $92.18 a barrel at midday Singapore time in electronic trading on the New York Mercantile Exchange. In London, Brent crude for August delivery was up 99 cents to $108.25 a barrel on the ICE Futures exchange.
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