Oil jumps 7 percent on Wall Street gains (Reuters)

Posted by admin on November 28, 2008 under News | Be the First to Comment

Oil jumps 7 percent on Wall Street gains (Reuters)

A woman looks at the price of gas as she fills up in South Beach, Miami, January 2, 2008. (Carlos Barria/Reuters)Reuters – Oil jumped by more than 7 percent to over $54 per barrel on Wednesday as the U.S. stock markets rallied and giant energy consumer China cut interest rates.


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