Oil prices rose above $68 a barrel Monday in Asia as a rally fueled by an improving economic and corporate outlook extended into a third week.
Benchmark crude for September delivery was up 59 cents to $68.64 a barrel by midday Singapore time in electronic trading on the New York Mercantile Exchange.
On Friday, the contract rose 89 cents to settle at $68.05.
Oil has rebounded from $58.78 a barrel earlier this month as stronger economic results from the U.S. and China boosted investor optimism.
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