Title: Multiple reasons behind the oil price rise
Headings: 
Multiple reasons behind the oil price rise
The reasons for the oil price rise:
Other reasons
Oil prices in the coming weeks:
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Content: And how did that happen? Higher oil price increases the export bill leading to trade deficits and weak dollar
Dollar-denominated commodities become cheaper with a weak dollar, in turn increasing the price of oil. Moving on, there were optimistic signs on the manufacturing font in the U.S. The U.S. Commerce department announced that factory orders rose 1.7% in January mainly due to increased aircraft orders. There was 2.6% increase in durable goods orders. Confidence of the businesses showed as the Inventories continued to increase. In addition, there emerged positive signs from the world's second biggest oil consumer, China. Last Friday, the Chinese premier Wen Jiabao set an economic target of eight percent for this year. Fair enough since a good economy means better fuel demand. Other reasons
Heating oil demand from the Northern hemisphere
Signs from the Middle-East: Seizure of a Saudi Arabian oil tanker by pirates in the Gulf of Aden too worried the investors.