Light, sweet crude oil prices gained modestly to settle above $67/bbl on the New York market Oct. 25 while Brent crude oil prices also rose to close above $76.80/bbl. Upward momentum in oil prices followed stabilizing equity markets. US stock markets experienced another selloff Oct. 24. The Dow industrials dropped more than 600 points. But US stocks recovered much of those losses Oct. 25.

Source: News