Oil jumps 3%; Brent rises to $90.85 per barrel

Singapore, July 20: Oil prices surged by more than 3 percent in early Asian trading, with Brent crude climbing above US$90 a barrel.
Brent crude futures rose by US$2.75, or 3.12 percent, to US$90.85 a barrel, while US West Texas Intermediate crude futures gained US$2.56, or 3.10 percent, to US$85.05 a barrel.
Source: Emirates News Agency