US oil on the rise

Oil price: US levels surge on demand expectations

US crude rose by nearly $2 on Monday as strong Chinese and US data pointed to healthy economic growth and higher demand for oil from the world's top two consumers.

Newsletter signup


Become an Upstream member!

Membership includes a subscription to our weekly newspaper providing in-depth news from the energy industry, plus full-access to this site and its archives. Still not convinced? Try our free trial.

Already a member?