Weather Forecast

Close
Advertisement

Oil above $94 on US data, hope of EU rate cut

Email

NEW YORK (AP) -- The price of oil rose above $94 per barrel Monday as positive U.S. economic data added to optimism for a rate cut in Europe.

Benchmark crude for June delivery gained $1.50 to finish at $94.50 a barrel in New York. Oil hadn't finished above $94 since April 10.

Are you a newspaper subscriber but you don't have a Digital Access account yet? https://secure.forumcomm.com/?publisher_ID=40&event=subscriber/lookup.

You will need your subscription account number and phone number. Not sure if you have an account? Email us at subscriberservices@forumcomm.com and we can help you.

Advertisement
Advertisement
Advertisement