Crude Rises as Greeks Work to Push Through Bail-Out Agreement

摘要

Brent crude prices rose on Monday to a more than seven-week peak on elevated concerns about Iran's nuclear program and on hopes that a new Greek government will allow Europe to contain its debt crisis. Brent gained more than its US counterpart despite US crude closing at a 14-week high. Brent's premium to US crude rose above $19 a barrel, continuing to recover from its recent $15.94 low on Oct. 31.