Oil rises to 2-1/2 year peak on job rise, supply fear - Reuters

By Robert Gibbons NEW YORK (Reuters) - Oil prices jumped on Friday, as supportive U.S. jobs data reinforced economic growth expectations and Libya's conflict and Middle East unrest kept supply threats in focus, pushing both Brent and U.S. crude to...

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NEW YORK (Reuters) - Oil prices jumped on Friday, as supportive U.S. jobs data reinforced economic growth expectations and Libya's conflict and Middle East unrest kept supply threats in focus, pushing both Brent and U.S. crude to their highest settlements since 2008. U.S. nonfarm payrolls registered solid growth for a second month in March and the jobless rate hit a two-year low of 8.8 percent, helping fuel optimism about oil demand.

Oil rises to 2-1/2 year peak on job rise, supply fear - Reuters