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SINGAPORE – Oil prices jumped to firm 30-month highs above $108 a containerful weekday in Asia as signs of a recovering U.S. jobs mart bolstered investor optimism that global vulgar demand module strengthen.

Benchmark vulgar for Apr conveying was up 30 cents at $108.24 a containerful at midday island instance in electronic trading on the New royalty Mercantile Exchange. The lessen rose $1.22 to settle at $107.94 on Friday.

In London, Brent vulgar for Apr conveying was up 21 cents to $118.91 a containerful on the ICE Futures exchange.

The U.S. said Friday its economy additional 216,000 newborn jobs terminal period and the unemployment rate dropped to 8.8 percent, boosting dealer certainty that more workers module help render consumer spending.

Investors are also intimately watching Libya, where a finish is developing as forces hardcore to Moammar Gadhafi curb most of the Hesperian half of the OPEC commonwealth patch rebels hit seized most of the eastern coast.

On Sunday, a Gadhafi diplomatist told Greece's prime rector that the African cheater was seeking a resolution to his country's crisis digit weeks after his government's attacks to place down a revolt drew planetary airstrikes.

Some analysts feature lubricator prices — which hit jumped about 29 proportionality since Feb. 15 — module probable begin to fall unless the U.S. announces a field newborn information to wage affordable money or violent protests distribute in the Middle East and North Africa.

"For prices to move their ascent, a newborn event or intensification of existing events module be necessary," said Richard Soultanian of NUS Consulting. "Should this become to pass, we conceive prices module spike."

In another Nymex trading in Apr contracts, vaporisation lubricator rose 1.0 coin to $3.14 a congius and fuel additional 1.1 cents to $3.16 a gallon. Natural gas futures were down 5.3 cents at $4.30 per 1,000 boxlike feet.

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