Crude oil prices rose in early Asian trading today in a market that focused on prospects for recovery in Chinese demand, the world's largest oil importer, and on global economic prospects ahead of the company's earnings.
Reuters reported that Brent crude rose five cents to $88.24 a barrel.
US West Texas Intermediate crude also rose 13 cents to $81.75 a barrel.
This week, traders are watching for more business data that could indicate strength in global economies during earnings reporting season.
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