Crude oil futures jumped above $81 a barrel as Euro came of its 10 month low against the Dollar after Greece aid package was approved. US stock futures pointed towards modest gains Friday as European leaders reached an agreement on a potential aid package for Greece, while here in the U.S. traders waited for data on the nation's GDP and consumer sentiment. The euro found its footing and stocks rallied on Friday as traders expressed relief that the Euro zone had finally agreed a rescue package for Greece. European leaders announced a proposal to use a combination of European Union-backed loans and aid from the International Monetary Fund to aid Greece if the county was unable to cut its deficits before the April deadline. The news comes, as a welcome sign for investors, who worried an agreement, may not be reached in time to save Greece from default. The agreement helped bridge a philosophical divide between Germany, the EU's largest economy, who had been publicly against bailing out Greece while French leaders were more sympathetic to the idea. NYMEX light crude oil futures are up nearly a dollar at $ 81.27 per barrel. It stayed supported above $ 80 in today's session. The U.S. Commerce Department will release its third and final revision of the nation's fourth-quarter GDP at 8:30 a.m. ET today. Also out later this morning is the University of Michigan consumer sentiment figures for March. MCX crude for April delivery is however trading down Rs 11 at Rs 3681 per barrel. The movement was however extremely narrow with the trading range of over Rs 30. A break of Rs 3667 may take it to Rs 3645 levels otherwise it may face a stiff resistance around Rs 3715 levels.

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