Heating oil buoys NYMEX December crude

摘要

New York-New York Mercantile Exchange December crude oil settled $1.21 higher at $98.99/b November 11, lifted by economic optimism and strength in heating oil futures. Equities were on the rise, with the Dow Jones Industrial Average up over 200 points at the time of the NYMEX close. Equities were lifted by a rise in consumer confidence seen in the Thomson Reuters/University of Michigan consumer sentiment index, which climbed to 64.2 in early November from October's 60.9.