Oil prices surge higher after the government reported a surprise …

NEW YORK _ Oil prices are surging after the U. Most analysts had expected oil supplies to rise. Light, sweet crude for April delivery is up US$2. The Energy Department says crude oil supplies fell by 3. Before the Energy Department issued its report, oil prices were already up about $2 on OPEC&#180s decision to hold production steady. Many investors had hoped the oil cartel would raise output to bring prices down. read more

[Tags]oil, prices, 2, crude, department, energy, oil prices[/Tags]

Share This