By Claudia Assis and Nick Godt, MarketWatch
SAN FRANCISCO (MarketWatch) — Crude-oil futures rose nearly 1% Tuesday, still getting a lift from the shutdown of the Trans-Alaska Pipeline and expectations that data will show a drop in U.S. crude supplies.
Crude for February delivery (CLG11 89.89, +0.64, +0.72%) gained 70 cents to $89.94 a barrel, shaving earlier gains as the dollar strengthened.
By Claudia Assis and Nick Godt, MarketWatch
SAN FRANCISCO (MarketWatch) — Crude-oil futures rose nearly 1% Tuesday, still getting a lift from the shutdown of the Trans-Alaska Pipeline and expectations that data will show a drop in U.S. crude supplies.
Crude for February delivery (CLG11 89.89, +0.64, +0.72%) gained 70 cents to $89.94 a barrel, shaving earlier gains as the dollar strengthened.