Brent crude rose by 43 cents to $125.77 a barrel today as investors awaited word from the US central bank on the country’s improved economic outlook.
Brent was also supported by continuing tensions between the West and Iran over Tehran’s nuclear programme and supply disruption from Syria, reports Reuters.
Meanwhile, US crude rose 56 cents to $106.90 a barrel, supported by improved demand outlook as euro ministers give their final approval of a second bailout for Greece.
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