MARKET WATCH: NYMEX crude oil price regains momentum, returns to $53/bbl

Light, sweet crude oil prices for March delivery settled at $53/bbl on the New York market Feb. 9, up 66¢ for the trading session. It was the highest settlement price since Feb. 6 as the front-month contract has hovered in the $52-53/bbl range all week so far.


Source: News