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Oil Surged $1.29 as U.S. Manufacturing Data Signaled Economic Growth
May. 01, 2012 04:35PM PST
Oil and Gas InvestingBloomberg reported that oil surged $1.29 to $106.16 as U.S. manufacturing data signaled economic growth.
Bloomberg reported that oil surged $1.29 to $106.16 as U.S. manufacturing data signaled economic growth.
As quoted in the market news:
Crude oil for June delivery gained $1.29 to $106.16 a barrel on the New York Mercantile Exchange, the highest settlement price since March 27. Oil has climbed 7.4 percent this year.