Oil Prices Surged 2% on Concern Over Global Supply Disruptions

Bloomberg reported that oil prices surged 2 percent on concern over global supply disruptions and U.S. manufacturing data.

As quoted in the market news:

Brent May crude rose $2.55 to settle at $125.43 a barrel, recovering back above the 30-day average at $124.25 after slumping to $121.70.

Click here to read the full Bloomberg report.