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Oil Closes Higher After Hitting 8-Month Low

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    FBN’s Robert Gray on the outlook for oil prices.

  • Duration 0:55
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I'm Robert Greta your Fox Business freeze oil ending the day on -- high note after hitting an eight month low early in today's floor session gets -- trade in after hours of 1% at this juncture.

And with a summer driving season already here Americans continue seeing relief and costs according to triple a.'s daily fuel gauge.

The national average for a gallon of regular unleaded gasoline now three dollars and 58 cents a gallon.

Meanwhile Goldman Sachs chief executive Lloyd Blankfein has taken the stand today in the insider trading trial of -- -- who've done.

The day is accused of providing confidential information to -- on hedge fund co-founder Raj Rajaratnam.

About Goldman Sachs and Procter & Gamble.

And Verizon plans to cut 1% of its workforce to help cut costs.

The company will offer buyouts to 17100.

Technicians and call centers.

But will fire workers if not enough employees except the package.