Wall Street Journal | Oil Rebounds in Tandem With Stocks After Bullish US Data Wall Street Journal Oil prices bounced in tandem with global equity and commodity markets Thursday, as U.S. economic data pointed to a strengthening economy. The U.S. benchmark crude contract was up $1.96, or 5%, at $40.56 a barrel on the New York Mercantile Exchange. Oil prices rise more than 4.5 percent as equities rally Oil prices climb as equities rally Oil rebounds by 4% as stocks recover |