After a huge gap of over eight months, the crude oil prices have once again crossed the 57 dollars mark this week. The hike in the prices come on the back of positive news flow from US and China. Both the countries are seeing some stray signs of economic recovery, although it is too early to confirm the same.
Experts tracking the industry say that the crude oil prices are likely to remain in the 45 dollars to 65 dollars mark for the next few months.