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Oil rises on housing data, 'fiscal cliff' talks
NEW YORK -- The price of oil rose sharply Wednesday on higher U.S. home prices and hopes of a budget deal in Washington.
U.S. benchmark crude jumped $2.37, or 2.7 percent, to finish at $90.98 per barrel in thin post-Christmas trading in New York.
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Oil rises on housing data, 'fiscal cliff' talks
NEW YORK -- The price of oil rose sharply Wednesday on higher U.S. home prices and hopes of a budget deal in Washington.
U.S. benchmark crude jumped $2.37, or 2.7 percent, to finish at $90.98 per barrel in thin post-Christmas trading in New York.
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