Oil Up Sharply, Posts First Monthly Gain Since June

March's premium <HOc1-HOc2> to April ULSD swung from 22.35 cents a gallon to 37.69 cents on Friday.

March RBOB gasoline rose 6 cents to settle at $1.7676 a gallon, going off the board above RBOB's 100-day moving average of $1.7658.

Both products posted the first monthly gains since June.

(Additional reporting by Claire Milhench in London and Jane Xie in Singapore; editing by Dale Hudson, Marguerita Choy, Diane Craft and Meredith Mazzilli)

Copyright 2015 Thomson Reuters.


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