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    market news

    Crude Oil Rises From Lowest in Three Weeks

    Investing News Network
    Jan. 06, 2011 02:41AM PST
    Oil and Gas Investing

    Bloomberg reports that Oil rose from the lowest in three weeks.

    Bloomberg reports that Oil rose from the lowest in three weeks.

    The market news is quoted as saying:

    Crude gained as much as 0.8 percent in New York, reversing earlier losses, before a report today that may show U.S. employers added jobs for a third month. Economists raised forecasts for U.S. jobs growth this week, with the median estimate calling for a gain of 150,000 in December and a drop in the unemployment rate to 9.7 percent.

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