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    market news

    Oil Price Rises on Encouraging Economy News

    Investing News Network
    Nov. 02, 2011 01:14PM PST
    Resource Investing News

    The Associated Press reported that the price of oil surged as investors focused on encouraging news about the U.S. economy.

    The Associated Press reported that the price of oil surged as investors focused on encouraging news about the U.S. economy.

    As quoted in the market news:

    Benchmark crude rose 32 cents to end the day at $92.51 per barrel in New York, while Brent crude lost 20 cents to finish at $109.34 a barrel in London.

    Click here to read the full The Associated Press report

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