NEW YORK, Jan. 25 (Xinhua) -- Oil rose more than 1 dollar to close above 90 dollars a barrel on Friday as the United States confirmed an economic stimulus plan to fend off a recession in the world's top energy consumer.
Crude oil for March delivery ended the session up 1.3 dollars, or 1.5 percent, at 90.71 dollars a barrel on the New York Mercantile Exchange. It rallied to an intraday high of 91.38 dollars earlier. Crude surged nearly 3 percent in the previous session.
U.S. Congressional leaders announced a deal with the White House Thursday on an economic stimulus package that would give most tax filers refunds of 600 dollars to 1,200 dollars, and more if they have children.
Crude oil for March delivery ended the session up 1.3 dollars, or 1.5 percent, at 90.71 dollars a barrel on the New York Mercantile Exchange. It rallied to an intraday high of 91.38 dollars earlier. Crude surged nearly 3 percent in the previous session.
U.S. Congressional leaders announced a deal with the White House Thursday on an economic stimulus package that would give most tax filers refunds of 600 dollars to 1,200 dollars, and more if they have children.
