Quantcast

Oil hovers near $90 amid Europe action hopes

The price of oil hovered near $90 a barrel on Monday, holding onto most of the previous week's gains, as expectations remain elevated that the European Central Bank would act to prevent Spain's financial woes from deepening. By early afternoon in Europe, benchmark crude for September delivery was down 18 cents at $89.95 a barrel in ...

Leave a Reply

Your email address will not be published. Required fields are marked *

*