Oil prices rise slightly after Friday's big gain
Benchmark U.S. crude rose 16 cents to $91.56 per barrel in morning trading in New York.
The Associated Press
8/6/2012
NEW YORK — The price of oil is up slightly Monday following its biggest gain in more than a month.
Benchmark U.S. crude rose 16 cents to $91.56 per barrel in morning trading in New York. Brent crude rose 14 cents to $109.08 per barrel in London.
Oil gained almost 5 percent on Friday after the U.S. government reported a surge in jobs growth last month, increasing optimism that the economy is on the right track.
Without any economic indicators to focus on Monday, the surprisingly positive jobs report is still weighing heavily on investors' minds.
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