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US news boosts oil prices again

World oil prices rallied this evening, helped by better than expected jobs figures in the US, the world's top energy consumer.

US crude rose 89 cents to $57.60 a barrel, after earlier hitting $58.45. Brent North Sea crude climbed 81 cents to $57.28, having earlier struck $58.11.

This week, oil has also won support from rising stock markets amid increasing signs of economic recovery in the recession-hit US.

On Thursday, oil prices had also soared to near six-month high points above $58 before falling back in late trade as investors banked profits. Despite the gains, prices remain far below last July's record peaks above $147.