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    market news

    Oil Rebounds 0.6 Percent

    Investing News Network
    Feb. 06, 2012 02:18AM PST
    Oil and Gas Investing

    Bloomberg reported that oil rose 0.6 percent on speculation over international creditor’s decision on a bailout for Greece.

    Bloomberg reported that oil rose 0.6 percent on speculation over international creditor’s decision on a bailout for Greece.

    As quoted in the market news:

    Oil for March delivery gained as much as 53 cents to $97.44 a barrel in electronic trading on the New York Mercantile Exchange and was at $97.36 at 1:15 p.m. Sydney time.

    Click here to read the full Bloomberg report.

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