Oil Prices Surged 2% on Concern Over Global Supply Disruptions
Investing News Network - April 2nd, 2012
Bloomberg reported that oil prices surged 2 percent on concern over global supply disruptions and U.S. manufacturing data.
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.