Oil Rises 93 Cents on U.S. Economy

Bloomberg reported that oil gained 93 cents bolstered by indications U.S. economic growth and Greece’s debt resolution.

As quoted in the market news:

Oil for March delivery rose 93 cents to $103.24 a barrel on the New York Mercantile Exchange, the highest settlement since May 10. The gain capped the biggest weekly increase since Dec. 23

Click here to read the full Bloomberg report.