Investors will be eyeing a key U.S. monthly (employment) report later this week for signs the economic recovery is still on track. Analysts expect the U.S. economy added about 500,000 jobs in May and the (unemployment) rate fell to 9.7 percent from 9.8 percent in April.
In other Nymex trading in June contracts, heating oil rose 0.70 cent to $2.0115 a gallon and (gasoline) gained 0.66 cent at $2.0332 a gallon. Natural gas was up 1.4 cents at $4.355 per (1,000) cubic feet.
In London, the Brent crude July contact was up (36) cents to $74.38 on the ICE futures exchange.