US crude futures up more than $1

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17-01-2013 | 10:34
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US crude futures up more than $1
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US crude futures up more than $1
   
US crude rose more than $1 on Thursday as reports showing a drop in initial jobless claims last week and a rise in housing starts in December helped boost oil prices, as did concerns about an attack by Islamist militants on an Algerian gas plant.    

US front-month February crude was up $1.12 at $95.36 a barrel at 9:27 a.m. EST (1427 GMT), having traded from $93.80 to $95.40.


REUTERS

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