A motorist prepares to put fuel into her car at a petrol station in Melbourne
Oil climbed to a 26-month high on Monday as a blizzard in the US Northeast offset uncertainty over Chinese fuel demand following a Christmas Day interest rate hike.
US crude for February rose 33 cents to $91.84 a barrel by 0733 GMT, after hitting an intraday high of $91.88 -- the highest since October 2008. ICE Brent crude jumped 71 cents to $94.48.
Oil prices have surged nearly 35 per cent since this year's low in May as an unusually cold winter in the United States and Europe boosted demand and slashed inventories.
The first widespread blizzard of the season slammed the northeastern United States, the world's top heating oil market, canceling hundreds of flights and causing havoc as travelers scurried to return to work after the Christmas holiday.
(Pictures by Reuters)