Oil prices up on expectations for improving demand

Oil   Oil
By The Associated Press on May 21, 2012

Oil prices rose as encouraging signs about the economy in the United States and China tempered concerns about Greece's debt crisis.

Benchmark oil rose $1.09 to finish at $92.57 per barrel Monday on the New York Mercantile Exchange. Brent crude increased $1.67 to $108.81 per barrel in London.

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