Oil posts fourth biggest daily gain on record
(Reuters) - Oil surged on Friday in heavy trading to the fourth biggest daily gain on record, as a deal by European leaders to shore up euro zone banks triggered frantic short-covering by funds that had been riding crude's price collapse over the last quarter
David Sheppard
NEW YORK
Fri Jun 29, 2012 4:43pm EDT
link-
http://www.reuters.com/article/2012/06/29/us-markets-oil-idUSBRE83H17O20120629