Crude Oil Rises On Retail Sales –

Thanksgiving weekend sales rose and crude oil prices followed in trading on Monday.  Crude oil futures broke the $100 dollar mark and hit their highest level since November 17th.  On the supply side, Libyan output increased to over 750,000 barrels a day.

To read a related Bloomberg article, please click here:

Jim Sutliff

This entry was posted in Banking, Economic News, General, Investments, Oil, Options & Futures, Trading. Bookmark the permalink.