Oil Surges On Big Bet That Drivers Will Take To The Roads As States Reopen
Oil prices are rising as producers cut output and investors bet the American
consumer will help drive the industry out of its demand crisis as the U.S. economy reopens.
West Texas Intermediate oil futures for June rose 20.5 % Tuesday, in a fifth
straight day of gains for the first time since July. WTI was up $4.17 at $24, 56