28.01.2013 - Oil trades near highest level in four months on economic outlook |
Oil traded near the highest level in four months in New York, after posting the longest run of weekly gains since April 2009, amid speculation a global economic recovery will boost fuel demand. West Texas Intermediate crude was little changed after climbing for a seventh week. Chinese industrial companies’ profits rose for a fourth month in December, the National Bureau of Statistics in Beijing said..............................................Full Article: Source |