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    market news

    Oil Rose $1.94 on Iranian Supply Concern

    Investing News Network
    Feb. 24, 2012 02:11PM PST
    Oil and Gas Investing

    Bloomberg reported that oil rose $1.94 on concern over Iran supplies.

    Bloomberg reported that oil rose $1.94 on concern over Iran supplies.

    As quoted in the market news:

    Crude oil for April delivery rose $1.94, or 1.8 percent, to $109.77 a barrel on the New York Mercantile Exchange, the highest settlement since May 3.

    Click here to read the full Bloomberg report.

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