78°
Baton Rouge, Louisiana
3 Day Outlook
Mon
93°
75°
20%
Tue
93°
74°
40%
Wed
94°
74°
50%
Follow our weather team on social media

Oil prices jump to near $86 a barrel

5 years ago April 05, 2010 Apr 5, 2010 Monday, April 05 2010 Monday, April 05, 2010 7:59:15 AM CDT in News
Source: Associated Press

Oil prices jumped to near $86 a barrel Monday in Asia, extending gains from last week as investors bet an improving U.S. job market will herald growing crude demand.

Global oil trading was closed for the Good Friday holiday.

Crude has jumped for $69 a barrel in early February on expectations a growing U.S. economy will eventually spark higher oil consumption.

On Friday, the U.S. Labor Department said employers added 162,000 jobs in March, the largest job gain in three years.

More News

comments powered by Disqus

Desktop News

Click to open Continuous News in a sidebar that updates in real-time.
Radar
7 Days