Oil Advances $1.33 to $102.40 a Barrel

Reuters reported oil prices advanced $1.33 to $102.40 a barrel.

As quoted in the market news:

Brent August crude rose $1.33 to settle at $102.40 a barrel, reaching $103.44 intraday and moving above its 50-day moving average for the first time since April when it pushed past $101.65.

Click here to read the full Reuters report.