Oil Back Above $80 Again

New York, NY, Feb. 22, 2010--Oil prices cracked $80 a barrel Monday in Asia, the first time in over a month.

Benchmark crude for March delivery was up 51 cents to $80.32 a barrel at late afternoon Singapore time in electronic trading on the New York Mercantile Exchange.

Oil has jumped from $69.59 a barrel on Feb. 5.