Baku – APA-Economics. Global crude-oil prices gained on Tuesday after the IMF raised its forecast for global growth in 2014 and the International Energy Agency upped its prediction of oil consumption growth, Channel News Asia reported.
The main US contract, West Texas Intermediate for delivery in February, rose 62 cents to finish at US$94.99 a barrel on the New York Mercantile Exchange.
Brent North Sea crude for March, the European benchmark, advanced 38 cents to settle at US$106.73 a barrel in London trade.