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    market news

    Oil jumps above $88 in Asia as US stockpiles fall

    Investing News Network
    Nov. 11, 2010 12:14AM PST
    Oil and Gas Investing

    Businessweek reports that Oil prices jumped above $88 a barrel in Asia on Thursday.

    Businessweek reports that Oil prices jumped above $88 a barrel in Asia on Thursday.

    The market news is quoted as saying:

    U.S. commercial crude inventories fell by 3.3 million barrels to 364.9 million barrels for the week ending Nov. 5, the Energy Department said Wednesday.

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