Crude prices rose today erasing yesterday's losses in New York and London.Crude oil for August delivery rose as much as $1.01, and was up 82 cents at $61.55 per barrel in after-hours electronic trading on the Nymex at 9:33 a.m. London time, according to a report on the website of Bloomberg.August Brent crude was up 90 cents at $60.18, the report added.