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    Oil Rises 10 cents on Seaway Reversal

    Written by Investing News Network
    |
    Apr. 16, 2012 02:21PM PST

    Bloomberg reported that oil surged 10 cents after the reversal date for the Seaway crude pipeline was changed.

    Bloomberg reported that oil surged 10 cents after the reversal date for the Seaway crude pipeline was changed.

    As quoted in the market news:

    Crude for May delivery gained 10 cents to settle at $102.93 a barrel on the New York Mercantile Exchange. Prices are up 4.1 percent this year.

    Click here to read the full Bloomberg report.

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