OIL FUTURES: Crude Climbs On Chinese Data, Iran Tensions
Submitted by Kate on January 3, 2012 - 12:19pm
The Wall Street Journal
Crude-oil futures rose sharply Tuesday, lifted by a report indicating growth in China's manufacturing sector and continued tensions between Iran and the West. "People are coming back to their desks and are seeing some buying (in the oil market) from some better than expected manufacturing numbers," said Matt Smith, energy analyst at Summit Energy in Louisville, Ky.

