Oil Rises 0.3 Percent on U.S. Economic Data

Bloomberg reported that oil inched up on U.S. Economic Data and on concern over growing tension in the Middle East.

As quoted in the market news:

Crude oil for February delivery gained 29 cents, or 0.3 percent, to settle at $99.65 on the New York Mercantile Exchange. Prices have gained 9.1 percent this year.

Click here to read the full Bloomberg report.