Mon, 05 Mar 2012 11:19:40 GMT
Crude oil rallies on the Canada's pipeline fire
Crude oil futures gained a spree during the Asian trade on Monday following the Enbridge's report on the fire at its pipeline in Illinois. Moreover, Barack Obama announced that the country may use military force to defend the interests of US in dealing with Iran. Light, sweet crude oil futures for April delivery traded at 107.17 US Dollars per barrel