Oil prices rally
Afp, London
World oil prices rose on Wednesday following news that US crude stockpiles fell unexpectedly last week, dealers said. New York's main contract, light sweet crude for delivery in May, rose by 30 cents to 62.07 dollars per barrel in electronic deals before the market's official opening. In London, the price of Brent North Sea crude for May delivery gained 58 cents to 62.08 dollars per barrel in electronic trade. The US Department of Energy (DoE) had said on Wednesday that crude oil inventories slipped by 1.3 million barrels last week to total 338.6 million.
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