Crude Oil rose

Market news

10 January 2012

Crude Oil rose

Oil rose on growing concern that geopolitical tension in the Middle East may disrupt supply and as higher stock markets raised economic optimism.

Crude for February delivery climbed $1.30 to $102.61 a barrel.

European stocks close: FTSE 5,697 +84.44 +1.50%, CAC 3,211 +83.10 +2.66%, DAX 6,163 +145.75 +2.42%

Dow 12,489.94 +97.25 +0.78%, Nasdaq 2,702.38 +25.82 +0.96%, S&P 1,292.74 +12.04 +0.94%

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