Crude oil futures pop back over a barrel

NEW YORK - Oil prices jumped above a barrel Thursday after the government said that the economy may be faring better than previously thought. The slowing economy has slashed demand for energy as factories shut down and fewer people drive to work or take leisure trips by car or plane. But it's thought to be shrinking at a slower pace this quarter, and refinery closures combined with political turmoil in oil producers Iran and Nigeria helped lift crude prices throughout the day. Benchm

Read this article...