|
|
|
| |
MW: Crude oil seeing biggest gains of the year |
|
| |
It’s been a tough year for oil bulls, but Friday’s risk on surge saw the biggest gains in crude prices for 2012.
Oil futures rose 5.84% to $82.23 a barrel in recent action, according to data from FactSet Research.
In a day that’s seeing broad gains in most asset classes, gold and oil are following stocks higher.
That put oil at its highest level since June 19. The percentage gain eclipsed a 4.2% surge on Jan. 4.
Crude Oil (NYM $/bbl) best days in 2012
4.179% 1/03/2012
2.916% 2/21/2012
2.270% 2/13/2012
2.145% 4/02/2012
2.036% 1/17/2012
Gold followed suit.
In recent action gold futures rose 3.04% to $1,597.50 an ounce. That’s the second biggest gain of the year, behind a 3.7% surge on June 1.
|
| Source |
|
|
|
|
|
