Oil Rises on Encouraging U.S. Jobs Report
Source: Associated Press (8/11/11)
"Oil prices rose after positive news about the jobs market."
Oil prices rose Thursday after positive news about the jobs market calmed some concerns about future demand.
Oil climbed along with the major U.S. stock indexes. In London, Brent crude was down 11 cents at $106.57 per barrel on the ICE Futures exchange. It dropped as low as $104.43 per barrel earlier. . .View full article