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Baghdad/Al-baghdadia News follow-up. Prices of Brent crude futures above US $ 110 a barrel Friday after positive data on the activities of the companies referred to the recovery of the global economy, and fostered hopes of rising fuel demand.
And manufacturing activity in the United States and China, the highest in months, growth in the euro area was better than expected, indicating a possible increase in world consumption of oil.
Michael McCarthy senior analyst market to the SI EMC markets in Sydney, "global demand expectations improved, and this is what supporting oil prices in the medium to long term."
Futures rose to Brent October 15 cents to 96.67/dollars per barrel, but will not register changed based on the week after rising 2 percent last week.
US crude fell eight cents to 88.06/dollars a barrel, heading for a weekly loss of more than 2%. Finished/agencies
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