Crude oil jumps above $52 on economic data »

    NEW YORK, April 9 (Xinhua) -- Crude oil jumped nearly 6 percent to close above 52 U.S. dollars on Thursday as better-than-expected retail and unemployment reports offset the increase in natural gas inventories.     Light, sweet crude for May delivery rose [...]
 

Crude oil settles above 54 dollars first time this year »

    NEW YORK, March 26 (Xinhua) -- Crude oil resumed its rally and closed above 54 U.S. dollars for the first time this year on Thursday as U.S. stocks surged on upbeat economic data and earnings reports.     Light, sweet crude for [...]