Subscribe
Business

Oil snaps 2 days of steep losses, gains modest

By Pablo Gorondi
Published
Add Washington Examiner on Google

The price of oil broke two days of steep losses Friday and scrambled back to above $93 a barrel after official predictions that economic growth in Europe would pick up pace in the second half of the year. Ample supplies kept gains in check.

By early afternoon in Europe, benchmark crude for April delivery was up 30 cents to $93.14 a barrel in electronic trading on the New York Mercantile Exchange.

Print subscriber? Click here to login/register your account
Digital subscriber? Click here to login/register your account.

Full midterm coverage.Deeper analysis.

Get unlimited access to Washington Examiner's reporting, expert analysis, and coverage of the midterm elections.

Get Unlimited Access

Cancel anytime.