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.
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.