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Forex News

2011.03.0323:33:00UTC+00Brent Oil Rises Above $115 on Libya Doubts, improved U.s Jobs Data

News:

  • Brent crude futures for April delivery rose 56 cents to $115.35 a barrel by 0328 GMT
  • U.S. crude futures for April gained 44 cents to $102.35 a barrel
  • Doubts whether a Venezuelan peace proposal would resolve Libya's crisis spurred rise in oil
  • A fall in U.S. jobless claims to the lowest level in more than 2-1/2 years has also underpinned oil prices

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