NYMEX crude settles higher on US GDP bump

摘要

New York—NYMEX March crude settled 87 cents higher at $98.23/barrel Thursday after the contract hit a four-week high on support from growth in US GDP, while firm ULSD futures lent support to the complex as cold weather grips parts of the US. March crude reached $98.59/b during the session, the front-month contract’s highest level since January 2.