Oil Jumped to $75.78 a Barrel

Oil for August delivery jumped as much as 64 cents to $75.78 a barrel in New York and was trading down 39 cents, or 0.5 percent, to $74.75 most recently. Brent crude in London also touched a record $75.09 a barrel, amid concern supplies will be disrupted by disputes over Iran's nuclear research and North Korea's missile tests.

Petro-Canada, the country's third-biggest oil and gas producer, gained 63 cents C$52.92. EnCana Corp., Canada's biggest natural-gas producer, rose 70 cents to C$58.58.