Oil surges ahead of inflation data after lacklustre week; brent crude at $82.88/bbl

The Brent crude contract rose by 76 cents to $82.88 per barrel by 1411 GMT, while the more active August contract increased by 80 cents to $82.64. U.S. West Texas Intermediate (WTI) crude futures climbed by 78 cents to $78.50.

Oil surges ahead of inflation data after lacklustre week; brent crude at $82.88/bbl
The Brent crude contract rose by 76 cents to $82.88 per barrel by 1411 GMT, while the more active August contract increased by 80 cents to $82.64. U.S. West Texas Intermediate (WTI) crude futures climbed by 78 cents to $78.50.