Oil up 74 Cents to $90.13 a Barrel

Bloomberg reported that oil inched up 74 cents to $90.13 a barrel on hopes over stimulus from the European Central Bank and the U.S. Federal Reserve.

As quoted in the market news:

Oil for September delivery climbed 74 cents to settle at $90.13 a barrel on the New York Mercantile Exchange. Prices have risen 16 percent since June 28 and fell 1.4 percent this week.

Click here to read the full Bloomberg report.