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As voters go to the polls, oil prices climb $6.62 to $70.53 a barrel
CommentsOil prices surged above $70 a barrel Tuesday in the final hours of a two-year U.S. presidential campaign, mirroring global stock markets that strengthened from Asia to Europe. A weaker dollar helped too.
As the pace of industry has slowed and businesses consume less crude, the price of oil has fallen $30 from just over a month ago. Light, sweet crude for December delivery rose $6.62 to settle at $70.53 a barrel on the New York Mercantile Exchange.
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We welcome comments. Please keep them civil, short and to the point. ALL CAPS, spam, obscene, profane, abusive and off topic comments will be deleted. Repeat offenders will be blocked. Thanks for taking part — and abiding by these simple rules. A thorough explanation of rules of conduct can be found in our Terms of Service.
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