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OIL FUTURES * USA - Belief supplies aren't that plentiful causes hike in
Oil futures rose Friday on investors' belief that supplies aren't as plentiful as a government report at first suggestedNew York,NY,USA -Associated Press /The Trucker -16 Nov 2007: -- ... Meanwhile, gas prices fell slightly for the first time in weeks, raising doubts about a view that pump prices are destined to rise by another 10 cents to 15 cents in coming weeks to catch up with skyrocketing crude prices... Light, sweet crude for December delivery rose $1.67 to settle at $95.10 a barrel on the New York Mercantile Exchange. But January crude, which now becomes the front-month contract, closed $1.26 below that, settling up $1.77 at $93.84 a barrel... (Photo: The price of oil was $95.10 at the close of the day Friday )
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