U.S GDP Grows And Oil Ascents First Time In Four Days

Oil climbed for the first time in four days as the U.S. economy grew more than previously estimated and on optimism that President Barack Obama will reach an agreement with Congress over a new budget.

As quoted in market news:

The revised GDP number is better than the earlier estimate and it’s helpful for the market. There is optimism that the budget issues can be resolved and it’s giving oil a boost

Click here to read full Bloomberg article.