Oil Caps Biggest Two-Day Gain Since 2009 as Volatility Climbs

Updated on
  • U.S. benchmark crude surged Thursday by most since March 2009
  • Futures post first weekly advance since June in New York

Oil's Race to the Bottom and the Global 'New Normal'

Oil capped the biggest two-day gain since 2009, sustaining a rebound above $40 a barrel amid signs of a strengthening economy in the U.S., the world’s biggest crude-consuming country.

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