Optimism Puts Price Near $75 Per Barrel

Summary


HOUSTON - Oil prices approached $75 a barrel Monday for the first time in 10 months amid growing optimism that the world's economies are on the mend.

Benchmark crude for October delivery rose 48 cents to settle at $74.37 a barrel on the New York Mercantile Exchange. Oil last topped $75 in October, and on Monday, prices came within 19 cents of that mark.

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Extract


Optimism Puts Price Near $75 Per Barrel

Natural gas rebounded strongly from new seven-year lows Monday, yet still traded below $3 per 1,000 cubi...

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