Oil above $85

Oil prices climbed back above 85 dollars a barrel on Tuesday as markets reacted to news of a fresh financial probe into Goldman Sachs, a pickup in jet fuel demand and positive US earnings.
Brent North Sea crude for delivery in June rose 94 cents to 85.17 dollars a barrel in midday London trade.
New York's main contract, light sweet crude for May, jumped 1.12 dollars to 82.57 dollars a barrel.
Oil prices had tumbled on Monday, closing down almost two dollars, amid concerns over fraud charges against Wall Street icon Goldman Sachs and the closure of European airports due to volcanic ash, traders said.