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Friday, September 26, 2014

Crude Oil Climbs On Prospects For U.S. Economy



Investor's Business Daily - Investing RSS http://ift.tt/1vbrvXj West Texas intermediate crude capped its biggest weekly gain in a month on speculation that stronger U.S. economic growth will increase demand. WTI narrowed its discount to Brent to a one-year low. The U.S. economy expanded in the second quarter at the fastest rate since the last three months of 2011, the Commerce Department said. Brent dropped for a third week in four as ample supplies shield the oil market from the U.S.


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