Oil holds above $72 as economic recovery eyed

Oil above $72 as traders eye economic recovery
Oil prices hovered above $72 a barrel Friday in Asia near an 8-month high as investors eyed signs a global recession may be easing.

Stock Futures: Feb. 24
Stock futures pointed to a mixed open Thursday, following another steep selloff, as investors feared that climbing oil prices could derail the economic recovery.

Oil hovers below $83 ahead of key US jobs report
Oil prices hovered below $83 a barrel Friday as investors looked to a key U.S. jobs report later in the day for clues about the strength of the economic recovery.

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