This question is fantastic for bringing up a strategy not enough people think to do with inequalities: as long as you have the inequality signs pointed in the same direction, you can add the inequalities together to eliminate a variable the same way you would for a system of equations.
Here once you've eliminated A, B, and D by quick conceptual number picking**, you can multiply the Statement 2 inequality by -1 so that you have both inequalities with signs in the same direction:
x - y > -2
and
2y - x > 6
If you then add the two inequalities, you eliminate the x term (one is positive and the other is negative), leaving:
y > 4
So you know y is positive, and then when you plug y > 4 in to the first equation (which can be expressed as x > y - 2), you know that x is greater than "something greater than 4, minus 2" so x must also be positive, so you know that the product xy is greater than 0. Together the statements are sufficient and the answer is (C).
Note that when you do have two inequalities this situation presents itself more often than most people think! If you can get the signs facing in the same direction (generally by multiplying one inequality by -1 if they're not already in the same direction) you can add the inequalities together (don't subtract, since "minus" is basically "plus negative" and can screw up the positive/negative inequality logic) and solve like a system of equations.
** Try x = 4 and y = 6 versus x = -2 and y = 0 for statement 1 and x= 0 and y = 3 and x = 1 and y = 12 for statement 2, for example.