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Oil prices soared close to six-month highs above 58 dollars a barrel on hopes of a pick-up in energy demand amid fresh signs of a global economic recovery.
New York's main futures contract, light sweet crude for delivery in June, rallied to $58.05 a barrel - the highest level since November 13.
"The positive sentiment on the exchanges was not driven by oil (supply and demand) fundamentals but rather by economic news following the release of a US labour report showing a slowdown in the number of US private-sector job losses for the month of April," analysts at JBC Energy Research said in a note.
The US private sector shed 491,000 jobs in April, fewer than expected by analysts, a survey by payrolls firm ADP data showed, signalling the prolonged recession may be easing.
The April figure was much lower than the 708,000 job cuts in March and the 645,000 expected by most analysts and the smallest private payrolls decline since October last year.
At current price levels, oil remains far below last July's record peaks above $147 a barrel, after slumping because of the economic downturn.
