Financial Times FT.com

Signs of recovery lift oil and commodity prices

By Javier Blas in London

Published: May 12 2009 20:39 | Last updated: May 12 2009 20:39

Oil prices rose above $60 a barrel for the first time in six months yesterday, boosted by signs of economic recovery, a weaker US dollar and growing investor appetite for riskier assets such as commodities.

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