Contact Us

Oil Prices Climb On Improving U.S. Job Numbers

David McNew/Getty Images

Oil prices are climbing after the government said the number of Americans seeking unemployment benefits dropped to its lowest point since April 2008.

Benchmark oil rose 83 cents to $101.42 per barrel Thursday morning in New York. Brent crude rose 83 cents to $111.49 per barrel in London.

The Labor Department says the number of people seeking unemployment benefits fell to 352,000 last week. The news gives investors more confidence that demand for oil and other energy products may grow stronger as more people head back to work.

At the pump, AAA says the national average for gasoline remains at $3.38 a gallon. That’s about 17 cents more than a month ago and 27 cents more than a year ago.

Best of K2 Radio

Recommended For You

Around the Web

Leave a Comment

It appears that you already have an account created within our VIP network of sites on . To keep your personal information safe, we need to verify that it's really you. To activate your account, please confirm your password. When you have confirmed your password, you will be able to log in through Facebook on both sites.

Forgot your password?

*Please note that your prizes and activities will not be shared between programs within our VIP network.

It appears that you already have an account on this site associated with . To connect your existing account just click on the account activation button below. You will maintain your existing VIP profile. After you do this, you will be able to always log in to http://k2radio.com using your original account information.

*Please note that your prizes and activities will not be shared between programs within our VIP network.

Please fill out the information below to help us provide you a better experience.

(Forgot your password?)

Register on K2 Radio quickly by logging in with your Facebook account. It's just as secure, and no password to remember!

Not a member? Sign up here

Register on K2 Radio quickly by logging in with your Facebook account. It's just as secure, and no password to remember!

Sign up to have exclusive K2 Fan Club contests, events, coupons, presales, and much more delivered to you for FREE.