Home » Posts tagged with » price increase

Oil up 4.5 percent on hope for Europe debt deal

Oil prices rose 4.5 percent Tuesday on hopes that European leaders are closer to drafting a plan to contain the region’s debt crisis. Investors are encouraged that another recession can be avoided and demand for energy products — from oil to diesel and gasoline — will improve if Greece does not default on its debt.… Continue Reading Oil up 4.5 percent on hope for Europe debt deal