Oil Rebounds From One-Week Low on U.S. Demand Outlook

Oil advanced for the first time in three days in New York, trimming a weekly decline as investors bet that fuel demand will increase with an economic recovery in the U.S., the world’s biggest crude consumer.

Futures climbed as much as 0.5 percent, rebounding from the lowest settlement in more than a week, before data that may show U.S. ... Read full article