Crude-oil futures rose in Asian trade Monday as the excessive drop in oil prices in recent weeks sparked some buying interest and short-covering among investors before the end of the year, traders said.
Oil rose for a second day, extending the biggest rally since October 2012 after Saudi Arabia said it was confident that crude will rebound as world economic growth boosts demand.
FILE - This Feb. 14, 2013 file photo shows David Johnson posing in the kitchen of his home at his family's Apple Hills Farm in Chenango, N.Y.
South Korea is investigating the online leak of partial blueprints and operating manuals for some of its nuclear reactors, as the perpetrator threatens to continue publishing data unless three facilities are shut by Christmas.
Mario Draghi has one month to win consensus on quantitative easing by showing he won't endanger the European Central Bank. As officials prepare to consider sovereign-bond purchases on Jan. 22, the ECB president is working to get as many policy ...