Crude prices were also supported by signs of falling crude exports from producer group OPEC and rising tensions between the United States and Iran over its nuclear program.
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Oil Prices Jumped $2
Oil prices surged $2 a barrel after U.S. producer Occidental said nearly 120,000 barrels of production will remain...
Oil prices surged $2 a barrel after U.S. producer Occidental said nearly 120,000 barrels of production will remain offline following a fire Tuesday.
U.S. crude oil jumped $2 to settle at $59.71 a barrel, after Wednesday's $1.17 fall.
Crude prices were also supported by signs of falling crude exports from producer group OPEC and rising tensions between the United States and Iran over its nuclear program.
Crude prices were also supported by signs of falling crude exports from producer group OPEC and rising tensions between the United States and Iran over its nuclear program.
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