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The Associated Press reported that oil prices inched up to $102 on prospects that European leaders will save the Eurozone’ economy from the debt crisis.
The Associated Press reported that oil prices inched up to $102 on prospects that European leaders will save the Eurozone’ economy from the debt crisis.
As quoted in the market news:
The price of benchmark crude rose 61 cents to $101.57 per barrel in New York. Earlier in the day, it hit $102.44 — the highest since Nov. 17. Brent crude rose 42 cents to $110.10 a barrel in London.
Click here to read the full The Associated Press report.