Brent Rises Above $116

UK premium crude, the Brent, rose for the seventh straight session on Friday, climbing above $116 a barrel bouyed by hopes for stronger global demand for oil after the US Federal Reserve launched an aggressive programme to stimulate the economy.Brent crude for November delivery, which took over as the front-month contract on Friday, climbed 56 cents to $116.44 a barrel after rising 94 cents the