Oil Rises in New York as U.S. Retail Sales Climb the Most in Four Months

Bloomberg reports that Oil rose after U.S. retail sales climbed in July.

The market news is quoted as saying:

Futures rose as much as 1.9 percent as the Commerce Department said spending increased 0.5 percent, following a 0.3 percent gain in June that was larger than previously estimated.

Click here to access the entire news