Oil advances from 1-week high as finance ministers agreed on aid for Greece

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/AFP
Oil rebounded from a one-week low as European finance chiefs agreed on aid for Greece, alleviating concern the Eurozone's debt crisis will undermine economic recovery and curtail fuel demand. Futures rose 0.4% in New York after falling 0.6% yesterday. Crude for January settlement climbed 36 cents to $88.10 a barrel, while Brent for January delivery rose 25 cents to $111.17 a barrel. 

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