Oil Rises a Second Day as Europe Presses Greece on Rescue Deal

Bloomberg reported oil climbed as Eurozone leaders pushed Greece into moving forward with a rescue package to resolve the debt crisis.

As quoted in the market news:

Crude for December delivery rose as much as 91 cents, or 1 percent, to $93.42 a barrel and was at $93.07 in electronic trading on the New York Mercantile Exchange at 12:06 p.m. London time. It earlier fell as low as $90.87 a barrel.

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