Oil Rises 10 cents on Seaway Reversal

- April 16th, 2012

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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