Oil rose towards 12-week highs above $79 on Monday, driven by investor appetite for commodities and energy risk, with macroeconomic indicators in top consumers the United States and China showing slower but sustained growth. US September crude rose as much as 40 cents to $79.35 a barrel and was up 19 cents at $79.14 by 0415 GMT, having reached a 12-week high of $79.69 last week and climbed 4.35 per cent last month. ICE Brent gained 13 cents to $78.31.
The above article was extracted from Skyline Talent updates of Skyline College. Skyline College is amongst the top MBA delhi and BBAinstitutes in Delhi, Gurgaon (NCR)
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