Oil jumps over $1/barrel on signs U.S. recession easing

By 0130 GMT (9:30 p.m. EDT on Wednesday), U.S. crude for May delivery rose $1.05 to hit a morning high
15 April 2009 @ 09:40 pm EDT

Crude prices rose by more than $1 a barrel on Thursday after Wall Street rallied overnight on signs that the recession in U.S., the world's top energy user, might be abating.

(Reporting by Jennifer Tan)

Copyright 2009 Thomson Reuters. All rights reserved.

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