Baku – APA-ECONOMICS. Crude futures settled higher Monday following the closure of the Trans-Alaska Pipeline, a major route for oil delivery, igniting some worries about supply constraints, Wall Street Journal reported.
Light, sweet crude for February delivery settled $1.22, or 1.4%, higher at $89.25 a barrel on the New York Mercantile Exchange. Brent crude on the ICE futures exchange settled $2.37 higher at $95.70 a barrel.
