Oil Surged 0.8% as German Confidence Report

Oil and Gas Investing

Bloomberg reported oil surged 0.8 percent as German confidence report bolstered the euro and stock markets.

Bloomberg reported oil surged 0.8 percent as German confidence report bolstered the euro and stock markets.

As quoted in the market news:

Futures gained 0.8 percent after the Munich-based Ifo institute said today its business climate index, based on a survey of 7,000 executives, climbed for a sixth month in April.

Click here to read the full Bloomberg report.