U.S. Jobs Data Propels Crude Oil Above $80 a Barrel

Oil Market Summary for 03/01/2010 to 03/05/2010

Jobs data indicating that U.S. economic recovery might be picking up steam finally pushed crude oil futures decisively over the stubborn $80 a barrel threshold. Nymex’s benchmark West Texas Intermediate settled Friday at $81.50 a barrel, a seven-week high, after topping $82 in intraday trading. Full article at: crude oil futures

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