Oil Benchmarks Head Towards $110

Oil is bullish at the start of the London trading session.

The global benchmark, the Brent oil futures is up 0.82%, currently trading$108.14 a barrel, after jumping 2.1% during the previous session.

Also the United States benchmark, the West Texas Intermediate, WTI, futures is also up 0.52%, currently trading at $105.91, after settling 3.3% higher on Thursday.