Oil Price Increases 18 Cents

Bloomberg reported that oil price increased 18 cents ahead of U.S. retail sales data.

As quoted in the market news:

Benchmark oil rose 18 cents to $92.91 per barrel in electronic trading on the New York Mercantile Exchange. The contract fell 14 cents to close at $92.73 in New York on Monday.

Click here to read the full Reuters report.