Oil climbs almost 3% as recession fears begin to fade

Falling crude prices and recession fears bring US oil and gas rally to a halt

Financial Times: Equities sell-off comes despite companies reporting a strong quarter.

Oil prices rally on strong US jobs report, easing recession fears

Crude oil prices climbed higher on Monday as concerns about a possible recession in the United States eased. This decline, marking the first time since November that crude had registered three straight weeks of drops, was attributed to concerns over near-term demand and elevated supplies.  However, Reuters reported that April's healthy US jobs report helped oil prices rebound by around 4 percent on Friday, despite the possibility that strong lab

Crude-oil prices rally as recession fears ease

Oil futures traded higher Monday after snapping a four-day losing streak at the end of last week.

Oil prices climb as recession fears begin to fade

Brent crude futures were up 43 cents, or 0.6 per cent, at $75.73 a barrel at 06:24 GMT.

Oil climbs as recession fears begin to fade

By Alex Lawler LONDON (Reuters) -Oil rose on Monday as U.S. recession fears eased and some traders took the view that crude's recent price slide, registering three straight weekly declines for the first time since

Oil prices climb as recession fears begin to fade

Oil prices rose today as fears of a recession in the US, which drove prices down for three weeks in a row for the first time since November, started receding.