Brent Crude Rises in London After Europe Said to Agree Greek Aid Package

Brent oil rose as much as 35 cents, or 0.3 percent, to $120.40 a barrel after a European Union official said euro-area finance ministers reached agreement on a second bailout package for Greece. Futures for April settlement were at $120.33 a barrel on the London-based ICE Futures Europe exchange at 11:13 p.m. Singapore time, after earlier dropping as much as 45 cents.

To contact the editor responsible for this story: Paul Gordon at pgordon6@bloomberg.net

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.