PERTH, Feb 22 (Reuters) - U.S. oil prices rose above $80 a barrel on Monday, extending the previous session's gains, supported by a weaker U.S. dollar, refinery strikes in France and escalating tensions about Iran's nuclear program.
* NYMEX crude for March deliveryrose 29 cents to $80.10 a barrel by 0006 GMT. The contract rose 75 cents to settle at $79.81 a barrel on Friday, marking a 7.7 percent rise for the week, the highest one-week percentage gain for front-month crude since October.
* Talks between Totaland workers protesting the possible closure of the company's Dunkirk refinery in northern France collapsed on Sunday, the CGT union said, calling for a strike to spread to all French refineries. [ID:nLDE61K0GJ]
* Russia said on Friday it was "very alarmed" by Iran's failure to cooperate with the IAEA, after the U.N. nuclear agency said it feared Tehran might be working to develop a nuclear missile. [ID:nLDE61I10U]
* OPEC is unlikely to raise its output ceiling at its next meeting in March, a senior Iranian oil official said on Saturday, adding that oil demand is expected to rise in the second half of this year. [ID:nLDE61J06V]
* Money managers hiked their net long crude oil futures position on the New York Mercantile Exchange in the week through Feb. 16, the Commodity Futures Trading Commission said on Friday. [ID:nN1956934]
* The U.S. dollar slipped on Monday, as investors reassessed chances of a earlier-than-expected interest rate hike by the Federal Reserve while the euro was lifted by speculation of a quick bailout for Greece. [USD/]
* The Federal Reserve on Friday poured more cold water on speculation that a surprise rise in its emergency lending rate signaled it was moving faster to rein in its easy money policies. [ID:nN19113048]
* U.S. stocks rose on Friday as investors took the Federal Reserve's discount rate increase as evidence the financial system is healing but worried the eventual withdrawal of easy money will hurt Wall Street. [.N]
* The following data is expected on Monday:
-- US National Activity Index for Jan (0830 GMT)
RELATED NEWS > Oil rises toward $80 on refinery strikes, Iran [ID:nSGE61I077] > Wall St Week Ahead - Bernanke, retailers hold key [nN19125363] > GLOBAL MARKETS-Stocks, dollar gain as views change[nN19148056] > Dollar climbs after Fed discount rate hike [ID:nN19120591] (Reporting by Fayen Wong; Editing by Himani Sarkar)
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