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Oil rises above $105 per barrel after China data

Wochit 0:52 mins

The price of oil rose above $105 a barrel as positive economic news from China outweighed expectations that the U.S. Federal Reserve would soon start withdrawing its bond-buying program. The U.S. and Russia are trying to repair deep damage to relations caused by diplomatic collisions on issues including missile defense, the crisis in Syria and the case of Edward Snowden. Canadian broadcaster City has picked up NBC's The Million Second Quiz to kick off its Fall 2013 schedule. The acquisition of the Ryan Seacrest-hosted TV competition series comes as another NBC broadcast reality show, America's Got Talent, has momentum on City.

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