Commodities

Oil near two-month high as producers set to meet again

Oil prices were near two-month highs on Monday, putting July on track to become the strongest month so far this year, as news of a producers' meeting next week added to bullish sentiment driven by the threat of U.S. sanctions against OPEC-member Venezuela.

Oil near two-month high as producers set to meet again

Oil prices were near two-month highs on Monday, putting July on track to become the strongest month so far this year, as news of a producers' meeting next week added to bullish sentiment driven by the threat of U.S. sanctions against OPEC-member Venezuela.

Business Highlights

___ Sluggish but durable: 5 things about US economy's expansion WASHINGTON (AP) — The U.S. economy acquired an exclusive label Friday: Recession-free for eight full years.

Business Highlights

___ Sluggish but durable: 5 things about US economy's expansion WASHINGTON (AP) — The U.S. economy acquired an exclusive label Friday: Recession-free for eight full years.

Oil hits two-month high in strongest week of the year

Oil ended its strongest week this year with a surge on Friday, built on receding fears of oversupply, as U.S. crude came within striking distance of $50 a barrel for the first time since the end of May.