Friday, January 28, 2011

CORRECT: OIL FUTURES: Crude Prices Soar On Egypt Protests

("OIL FUTURES: Crude Prices Soar On Egypt Protests," published at 3:44 p.m. EST, misstated the last time Brent settled at the current price in the second paragraph. The correct version follows:)


NEW YORK (Dow Jones)--Oil prices surged Friday after antigovernment protests intensified in Egypt, touching off fears that the unrest that has swept several countries in the region could spread to major oil-producing states.


Light, sweet crude for March delivery rose $3.70, or 4.3%, to settle at $89.34 a barrel on the New York Mercantile Exchange. Brent crude on the ICE futures exchange gained $2.03, or 2.1%, at $99.42 a ...


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