Black gold markets continue their rally as economic data from the first and second biggest oil consumer's, the United States and China regarding the manufacturing sector which aroused anticipations in the markets that the worst of this global recession is over. With the manufacturing sector performing better now, this demand that oil demand would start increasing and this attracted investors to oil markets as they seek potential in profits. The contract gained $2.13 closing at $71.58 while recording a high of $72.20 per barrel.....Complete Story
