Baku – APA-Economics. The price of oil rose the most in two weeks Tuesday after strong U.S. factory data and an apparent easing in tensions over Ukraine, FuelFix reported.
Benchmark U.S. crude for April delivery gained $1.62 to $99.70 a barrel on the New York Mercantile Exchange. It was oil’s biggest gain since March 3.
Brent crude, used to set prices for international varieties of crude, gained 55 cents to $106.79 on the ICE Futures exchange in London.