stimulus

Oil climbed to the highest level in more than a week in New York on speculation that central banks will take more steps to boost economic growth, spurring demand for raw materials.Futures gained as much as 0.9 percent from the Aug. 31…

Oil capped the biggest monthly gain since October as Federal Reserve Chairman Ben S. Bernanke said he wouldn’t rule out more stimulus to boost the economy.Futures climbed 2 percent after Bernanke said the Fed will implement measures as…

Oil surged to a one-month high on speculation that central banks from Europe to China will ease monetary policy to spur growth while sanctions against Iran may curb supply.Prices gained 4.7 percent as the European Central Bank is forecast…

Crude rose the most in more than two months on speculation the Federal Reserve will loosen monetary policy to spur growth and as OPEC members were asked to cut production that exceeds their current output ceiling.Oil advanced 1.6 percent as…