Oil rises for second day as banking fears ease for now

Oil rises 2% in retreat from 15-month low as banking fears subside

Oil prices rose more than 2 percent on Tuesday, extending a retreat from a 15-month low hit the previous day, as the rescue of Credit Suisse allayed concerns of a banking crisis that would hurt economic growth and cut fuel demand.

Oil rises 2% in retreat from 15-months low as banking fears subside

Oil prices rose more than two per cent on Tuesday, extending a retreat from a 15-month low hit the previous day, as the rescue of Credit Suisse allayed concerns of a banking crisis that would hurt economic growth and cut fuel demand. Measures to stabilise the banking sector, including a UBS takeover of Credit Suisse and pledges from major central banks to boost liquidity, have calmed fears about the financial system that roiled markets last week

Oil prices rise as banking fears ease

NEW YORK, March 21 (Xinhua) -- Oil prices climbed on Tuesday as fears of a global banking crisis eased. Read full story

Oil rises 2% in retreat from 15-mth low as banking fears subside

By Arathy Somasekhar HOUSTON (Reuters) -Oil prices rose more than 2% on Tuesday, extending a retreat from a 15-month low hit the previous day, as the rescue of Credit Suisse allayed concerns of a

Oil rises 2% in retreat from 15-mth low as banking fears subside

* U.S. Fed begins two-day meeting on Tuesday * Oil prices will move higher towards year end -Gunvor CEO * API data shows surprise build in c... | Mar. 21

Oil rises 2% in retreat from 15-mth low as banking fears subside By Reuters

Oil rises 2% in retreat from 15-mth low as banking fears subside