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Consumer Confidence

Consumer Confidence

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Oil Rises As Consumer Confidence Hits 7-Month High

 

The price of oil is rising on news that U.S. consumer confidence is at the highest level since February.

Benchmark oil gained 92 cents to $92.85 per barrel Tuesday in New York.

The Conference Board's latest survey shows Americans are more optimistic about the availability of jobs and the outlook over the next six months. It'

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US Consumer Confidence Falls In March

NEW YORK (AP) — Consumers' confidence in the U.S. economy dropped in March amid higher gas prices, says a private research group. The decline comes after confidence rose to the highest level in a year during the previous month

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Oil Price Above $101 On Rising Consumer Confidence

The price of oil climbed above $101 a barrel in light holiday trading on growing consumer confidence and prospects for stronger demand.

Benchmark crude rose $1.52 on Tuesday to $101.19 per barrel in New York

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