* Shut Alaska crude pipeline keeps oil supported * Cold weather keeps heating oil futures supported * Coming up: API inventory data, 4:30 p.m. EST Tuesday NEW YORK, Jan 11 (Reuters) - U.S. crude oil futures rose on Tuesday, pushing back above $90 a barrel as the Trans Alaska Pipeline remained shut and cold weather boosted heating oil futures. Analysts also said stronger equities prices as fourth-quarter earnings season begins and eased concerns about euro zone debt provided some confidence to investors in oil markets. Cold weather has kept heating oil futures lifted. U.S. total heating demand this week is expected to be 10.5 percent above normal, the National Weather Service forecast on Monday. Demand for heating oil this week will average 4.2 percent above normal, while heating demand for natural gas will average 9.7 percent above normal, the NWS said. [ID:nSGE709069] Brent's premium to U.S. benchmark West Texas Intermediate crude continued to rise, with the spread CL-LCO1=R widening to more than $7 a barrel on Tuesday. FUNDAMENTALS * On the New York Mercantile Exchange, February crude CLG1 rose 72 cents, or 0.8 percent, to $89.97 a barrel at 9:02 a.m. EST (1402 GMT), trading from $88.93 to $90.33. * The Trans Alaska Pipeline is planning to reopen later this week, officials said Monday. [ID:nL3E7CA0T6] * The plan under consideration is to build a bypass line at the affected area, then use that to restart the system, which was shut after operator Alyeska Pipeline Service Co discovered the leak in the basement of a pump station booster at the start of the pipeline early Saturday. [ID:nL3E7CA0T6] * U.S. crude oil inventories rose 400,000 last week as imports rebounded, according to a Reuters survey of analysts on Monday. Distillate stocks were expected to be up 1.3 million barrels and gasoline up 2.8 million barrels. [EIA/S] * East Siberian greenfields will boost Russian 2011 oil output to a new post-Soviet record, enabling it to retain the title of the world's top oil producer. [ID:nLDE70A181] * The U.S. Federal Reserve's aggressive bond-buying plan could soon backfire unless the central bank gradually changes course to head off inflation, Philadelphia Federal Reserve Bank President Charles Plosser said on Tuesday. He said the $600-billion quantitative easing plan, known as QE2, would need to be reconsidered if the U.S. economy's current "moderate recovery" picks up steam. [ID:nNLLBCE7SD] MARKETS NEWS * The euro was up versus the dollar, though the dollar index .DXY, measuring the dollar against a basket of currencies, was stronger on Tuesday. The euro pared gains as investors were skeptical a pledge by Japan to buy bonds planned by a European rescue fund would result in fresh buying in the single currency. [USD/] * World stocks took a stab to higher ground on hopes of a solid earnings season. The euro stabilized against the dollar after Japan offered to buy euro zone bonds. [MKTS/GLOB] [FRX/] * Gold gained on the back of the euro zone debt crisis and increasing demand from China, the second biggest consumer of the precious metal. [GOL/] UPCOMING DATA/EVENTS * U.S. Commerce Department releases wholesale inventories for November. 10 a.m. EST (1500 GMT) Economists in a Reuters survey forecast a 1.0 percent increase following October's 1.9 percent rise. * American Petroleum Institute oil inventory data at 4:30 p.m. EST (2130 GMT) on Tuesday. 9:02 LAST NET PCT LOW HIGH CURRENT DAY AGO CHNG CHNG VOL VOL CLc1 89.97 0.72 0.8% 88.93 90.33 63,909 444,813 CLc2 91.33 0.75 0.8% 90.26 91.69 38,730 263,239 LCOc1 96.86 1.16 1.2% 95.08 97.30 78,677 165,991 RBc1 2.4603 0.0060 0.2% 2.4350 2.4720 4,841 46,743 RBc2 2.4698 0.0091 0.4% 2.4430 2.4800 5,870 29,330 HOc1 2.5881 0.0332 1.3% 2.5451 2.5988 7,074 63,603 HOc2 2.5900 0.0322 1.3% 2.5474 2.5996 4,581 30,866 * NYMEX crude oil for February CLc1 rose 72 cents to $89.97 a barrel by 9:02 a.m. in volume of 63,936 lots. (Reporting by Robert Gibbons; Editing by John Picinich)

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