Crude Oil Prices Climb Further To Boost Expectations

Crude oil prices climbed further on Friday to boost expectations of a production freeze by major exporters and a weakening Dollar.

Brent hit 41 dollars 71 cents a barrel, its highest this year.

U.S Crude was up three cents at 40 dollars 23 cents a barrel, after rising as high as 40 dollars 55 cents earlier.

Oil prices have soared by more than 50 per cent, recovering from 12-year lows reached in December.