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Oil Rises From 2-Week Low on U.S. Supply, German Business Data
Nov. 24, 2011 01:40PM PST
Oil and Gas InvestingBloomberg reported that oil prices rallied from a two-week low as US stockpiles were depleted.
Bloomberg reported that oil prices rallied from a two-week low as US stockpiles were depleted.
As quoted in the market news:
Crude for January delivery rose as much as $1.14 to $97.31 a barrel in electronic trading on the New York Mercantile Exchange. It finished the session at $97.03. Prices have gained 6.2 percent this year.
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