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Oil futures briefly recapture $50 as stock markets rise
Published by DavidWaring
11-21-2008
Posts: 4
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Default Oil futures briefly recapture $50 as stock markets rise

LONDON (MarketWatch) -- Oil futures traded as high as $50.65 a barrel in electronic action Friday, as the oil market responded to big gains in worldwide stock markets and U.S. stock futures. Oil futures recently were trading up 51 cents to $49.93 a barrel after closing Thursday's session at its worst level since May 2005.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.






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