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Oil Rises to 7-Month High, Gasoline Surges, on Goldman Forecast

Crude oil rose to a seven-month high and gasoline surged after Goldman Sachs Group Inc. said prices may reach $85 by the end of the year as demand recovers and supplies shrink.

 

Mount Redoubt Rumblings Spark Concern Over Oil Terminal

Mount Redoubt Rumblings Spark Concern Over Oil Terminal

An Alaska volcano continued to rumble Tuesday amid new concerns that eruptions and mud flows will damage a nearby oil terminal where about 6 million gallons of crude are stored.

 

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