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Brent crude rises 2.3% to $117.7, highest since April 3

Brent crude spiked 2.3% in Asian trading to $117.7, its highest intraday level since April 3. Indian government bonds may weaken ahead of a fresh domestic debt sale.

UKOIL

By Khushi MalhotraIndia government bonds may weaken early on Friday as a surge in oil prices clouds the economic outlook ahead of a fresh domestic debt supply, tempering relief from a rally in US Treasuries.Brent crude spiked 2.3% in Asian trading to $117.7, its highest intraday level since April 3…

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