Brent crude rises to $98

Agencies Updated - January 28, 2011 at 10:34 PM.

Brent crude extended its gains for a second session on Thursday, above $98, on better-than-expected US home sales data and an assurance by the Federal Reserve to keep the monetary policy steady.

ICE Brent crude for March gained 11 cents to $98.02. US crude oil for March delivery rose 21 cents to $87.54 a barrel.

Published on January 27, 2011 08:20