SINGAPORE (Reuters) - NYMEX crude rallied over $1 to $72.37 a barrel on Thursday, up for a fourth day running, lifted by a soft dollar, gains in equities markets and soothing words from OPEC.
NYMEX crude for October delivery stood at $72.31 a barrel by 2:06 a.m. EDT, up exactly $1 from Wednesday's settlement. London Brent crude rose 70 cents to $70.53 a barrel.
Asian stock markets pushed higher and the euro edged up versus the dollar. On the fundamental side, a fall in U.S. crude stocks five times greater than analyst forecasts on Wednesday and positive comments on prices and the economy by Saudi Oil Minister Ali al-Naimi also supported.
