Bloomberg News

Oil Extends Gain, Heads for Biggest Monthly Rise Since February

By John Buckley
August 31, 2012

Crude oil extended gains on the New York Mercantile Exchange, where the October contract was up 70 cents at $95.32 a barrel at 1:07 p.m. London time after rising as much as 75 cents to $95.37. The contract has risen 8.2 percent this month, the most since February.

To contact the reporter on this story: John Buckley in Amsterdam at johnbuckley@bloomberg.net

To contact the editor responsible for this story: Stephen Voss at sev@bloomberg.net

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