Prices 7 News
Oil up over 5 percent on hope for Europe debt deal
Oil rose more than 5 percent Tuesday on hopes that European leaders are closer to drafting a plan to contain the region's debt crisis.Investors are encouraged that another recession can be avoided and demand for energy products — from oil to diesel and gasoline — will improve if Greece does not default on its debt. Greece's finance minister expects his country to receive the next round
|
|
