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Oil Rises As Consumer Confidence Hits 7-Month High

Associated Press — Tue, 25 Sep 2012 15:16:06 +0000

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'

US Consumer Confidence Falls In March

Associated Press — Tue, 27 Mar 2012 15:08:45 +0000

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

Oil Price Above $101 On Rising Consumer Confidence

Associated Press — Tue, 27 Dec 2011 18:09:57 +0000

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