MARKET WATCH: Oil prices escalate in optimistic markets

Oil prices escalated Aug. 3 with front-month crude jumping 5% to a 2-week high on the New York market following a surprisingly upbeat US jobs report, but natural gas prices continued to dive with forecasts of milder weather in the eastern states.

Send this story to:

Enter the email address of the recipient.
Separate multiple addresses with commas.

Add your own personal message:

Enter your email address:

Note: Your email address is used only to let the recipient know who sent the story, and in case of transmission error. Both your address and the recipient's address will not be used for any other purpose.