Oil Rose 4 Cents Over U.S. Industrial Output Report

Bloomberg reported that oil rose 4 cents as reports showed that U.S. industrial output gained in December, 2011.

As quoted in the market news:

Crude oil for February delivery rose 4 cents to $100.75 a barrel at 1:35 p.m. on the New York Mercantile Exchange. It dropped to $99.84 from $100.98 on the Keystone news before rebounding.

Click here to read the full Bloomberg report.