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Comments will be driving more fears of inflation, as costs of transport of goods of consumption tends to increase with the price of oil.

Brent crude rose $2.06 to $85.21 as signs on Saudi Arabia to exit plans can have a tremendous impact on the volatile oil market.

Ali al-Naimi, the Minister of oil, said at a Conference at Singapore: "consumers are looking for the price of oil around $70, but hopefully less than $90." ""It is almost an anchor now for the price.?

Analysts quickly pointed out that this range $70-90 is superior to the previous window of $70-$80 quoted by the comfortable Gulf nation.

Countries including Saudi Arabia, Nigeria and Venezuela Iran, OPEC oil-producing agreement have the power to limit the output and raise prices or restrain prices by producing more.

Oil has increased in recent months about the weakness of the dollar as investors turn to the goods as an alternative asset.

Since last year it has been trading in a narrow band of $ 70 to $ 80 as demand remains slow, while the world emerged from the recession.

It has not touched the peak of $147 per barrel in July 2008 or fall at the lower of $40 for the recession.

However, gasoline prices reached record high in may on the tax increases and a pound of faible.Ils bounced again this month due to a French refineries blocking as demonstrators have limited access to supplies.

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