Oil continues to rise

rader Peter Tuchman shares a laugh with a specialist trader from Barclays Capital on the floor of the New York Stock Exchange June 11, 2010. U.S. stocks rose in a late rally on Friday as a strong forecast from a chip maker lifted tech shares and helped alleviate concerns about the economy's health after an unexpected drop in retail sales. REUTERS/Brendan McDermid (UNITED STATES - Tags: BUSINESS IMAGES OF THE DAY)

Price rise: Oil rose in early trade on Monday adding to last week's more than 15% gain

Crude futures rose on Monday after gaining over 15% last week, with some indicators pointing to the possibility the market could be bottoming out.

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