NEW YORK (MarketWatch) — Crude-oil futures closed higher Thursday as better-than-expected data added some optimism to the economic outlook. Weekly jobless claims fell to their lowest level since early May and the Philadelphia Federal Reserve’s manufacturing survey posted its highest reading in about two years. August oil futures added .56, or 1.5%, to settle at 8.04 a barrel. The settlement was the highest for a most-active contract since March 2012, according to FactSet data.
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Oil settles above $108 at highest in over a year is a post from: The Forex Trading System Blog
