Oil futures above $75, new 11-month high
Crude oil gains on Angolan outage, fall in U.S. gasoline stockpiles; China’s GDP grows 11.9 percent, supports rising oil prices
The Associated Press
Crude oil futures held above $75 a barrel July 19, touching a new 11-month intraday high after outage at an Angolan oil field.
A surge in China’s economic growth in the second quarter and a fall in U.S. gasoline stockpiles reported July 18 also supported prices.
Light, sweet crude for August deliver....
[additional news subjects in this story]
China’s economy ‘galloping’
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