MARKET WATCH: Oil prices increase in hopeful markets

The front-month crude contract increased 0.7% to a 3-month high Aug. 21 in the New York futures market on the “trifecta of a weakened dollar, optimism for European stimulus, and ongoing Middle East tension,” said analysts in the Houston office of Raymond James & Associates Inc.

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.