Oil prices make biggest one-day jump in more than six years

NEW YORK – Oil soared to its biggest one-day gain since 2008, lifted by resurgent global stock markets and a report showing the U.S. economy grew faster than previously reported in the second quarter.
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U.S. oil rose $3.96 (all figures U.S.), or 10.3 per cent, to $42.56 in New York. The last time it posted a similar gain was a 10.3 per cent jump on Dec. 11, 2008. Brent crude rose more than 9 per cent in London.


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