US crude stock draw buoys NYMEX futures

摘要

New York-New York Mercantile Exchange November crude oil futures settled sharply higher October 5 at $79.68/b, up $4.01, after US government oil data showed an unexpected draw in crude oil and product stocks. NYMEX November crude rose as high as $79.79/b, hitting the session high just at the close of open outcry trading amid a weak US dollar and firm equities. November heating oil settled 5.32 cents higher at $2.7766/gal and November RBOB rose 8.08 cents to $2.5692/gal.