Oil price climbs to $102 a barrel on Europe hopes

Oil price climbs to $102 a barrel on Europe hopes Associated Press Copyright 2011 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Published 08:30 a.m., Monday, December 5, 2011 NEW YORK (AP) — Oil prices are climbing on hopes that European leaders will save the eurozone economy from drowning in debt and sliding into a recession