Oil Prices Rise On Europe Optimism
From Google News
Oil prices rose Tuesday on renewed hopes for European action to stem the debt crisis.
New York’s main contract, light sweet crude for September, closed its final day of trading at $96.40 a barrel, up 43 cents from Monday”s close.
Brent North Sea crude for delivery in October gained 94 cents to settle at $114.64 a barrel in London trade.