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Crude Oil Climbs After U.S. Thanksgiving Retail Sales Surge to a Record
Nov. 28, 2011 12:12PM PST
Oil and Gas InvestingBloomberg reported that oil rose after Thanksgiving retail sales reached to a record in the U.S.
Bloomberg reported that oil rose after Thanksgiving retail sales reached to a record in the U.S.
As quoted in the market news:
Crude oil for January delivery increased $1.41, or 1.5 percent, to $98.18 a barrel at 1:41 p.m. on the New York Mercantile Exchange. Futures touched the highest level since Nov. 17. Prices have risen 7.4 percent this year.
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