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- Oil rose
Oil rose
West Texas
Intermediate crude advanced after
Futures
gained as much as 0.8 percent. Commerce Department data show purchases rose 0.7
percent last month, the most since June. Equities and commodities dropped
yesterday on speculation that a two-year
WTI for
January delivery rose 28 cents, or 0.3 percent, to $97.72 a barrel at 11:01
a.m. on the New York Mercantile Exchange. The volume of all futures traded was
15 percent below the 100-day average. Futures are up 6.4 percent this year.
Brent for
January settlement slid 78 cents, or 0.7 percent, to $108.92 a barrel on the
London-based ICE Futures Europe exchange. The volume of all futures traded was
13 percent lower than the 100-day average.
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