Crude oil prices closed with modest gains July 8 on the New York and London markets, ending a volatile week after light, sweet crude and Brent crude dropped more than $2/bbl on July 5 and July 7. Analysts attributed price swings to an uncertain global economic outlook and a rising US rig count.

Source: News

Crude oil prices closed with modest gains July 8 on the New York and London markets, ending a volatile week after light, sweet crude and Brent crude dropped more than $2/bbl on July 5 and July 7. Analysts attributed price swings to an uncertain global economic outlook and a rising US rig count.

Source: News