Oil surges 23%, on track for best day ever, rebounding from Wednesday’s steep losses
U.S. oil jumped 23% on Thursday, putting it on track for its best day on record, clawing back more than half of the losses from Wednesday’s steep slide. U.S. West Texas Intermediate crude rose 23.4%, or $4.77, to trade at $25.12 per barrel. International benchmark Brent crude jumped 9.5%, or $2.37, to trade at $27.29 … Read more