PERTH - Oil rose over $1 to top $51 a barrel on Monday, extending the previous session's gains that were driven by a late rally in Wall Street shares.
U.S. light crude for January delivery rose $1.36 to $51.29 a barrel by 2304 GMT. The contract settled 51 cents higher at $49.93 a barrel on Friday, after earlier dipping to a 3- year low of $48.25.
U.S. light crude for January delivery rose $1.36 to $51.29 a barrel by 2304 GMT. The contract settled 51 cents higher at $49.93 a barrel on Friday, after earlier dipping to a 3- year low of $48.25.
