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Oil Rises on Expectation of OPEC Cut

Stock quotes in this article: USO , XOM , COP , CVX , HES , BP  

Oil futures were firmer in New York Monday as expectations built that OPEC, which is meeting this week, is set to reduce its production targets.

Near-term light, sweet crude contracts were up $3.57 to $75.42 a barrel, and Brent crude was higher by $3.07 at $72.67.

Reformulated gasoline was gaining 8 cents to $1.74 a gallon, and heating oil was adding 11 cents to $2.25 a gallon. Natural gas was fractionally stronger at $6.80 per million British thermal units. ...

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Dow Jones S&P 500 NASDAQ 10-Year Note
10,309.92 1,091.49 2,138.44 32.31
Oil *
77.12
DOWN
154.48
DOWN
19.14
DOWN
37.61
DOWN
0.48
10 Yr
3.23%
SPDR Gold
115.06
-1.48%
-1.72%
-1.73%
-1.46%
Data delayed 20 minutes

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