NEW YORK, Nov. 9 (Xinhua) -- U.S. crude-oil futures closed up 86 cents at 96.32 dollars a barrel Friday on the New York Mercantile Exchange.
Analysts said this was because investors were concerned that oil supplies may keep tightening and increasing political tensions in Pakistan may pose a threat to oil shipments.
The contract slid to an intraday low of 94.54 dollars in electronic trading earlier.
Analysts said this was because investors were concerned that oil supplies may keep tightening and increasing political tensions in Pakistan may pose a threat to oil shipments.
The contract slid to an intraday low of 94.54 dollars in electronic trading earlier.
