Oil rises on demand hopes, supplies concerns
NEW YORK (Xinhua) — U.S. crude price rose on Friday on hopes for demand increase and continuing supplies concerns.
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Shopping season boosts U.S. stocks
NEW YORK (Xinhua) — U.S. stocks soared on Monday, with the S&P 500 snapping a seven-day losing streak, as investors were encouraged by strong holiday sales and new hopes for a more radical European debt solution.
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Oil falls on debt woes
NEW YORK (Xinhua) — U.S. crude oil price fell on Monday as the United States as well as Europe struggled to deal with their lingered debt problems.
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U.S. oil surges on Seaway pipeline reversal plan
NEW YORK (Xinhua) — U.S. crude oil price surged on Wednesday as news said there were plans to reverse the Seaway pipeline that currently moves oil from the Gulf Coast to the oil storage hub at Cushing.
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Oil surges on European hopes
NEW YORK (Xinhua) — U.S. crude oil price surged on Monday as investors hoped European debt crisis would be contained as Greece would form a new government and pass the bailout package.
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