MSN: U.S. crude oil jumps more than $1 on data, weather
NEW YORK, July 22 (Reuters) - U.S. crude oil futures rose more than $1 on Thursday as positive euro zone economic data and increased possibility of a tropical storm for the Gulf of Mexico provided lift.
The dollar's weakness against a basket of currencies and the euro also added support as oil prices rebounded after losing more than 1 percent in the previous session.
On the New York Mercantile Exchange, September crude rose $1.48, or 1.9 percent, $78.04 a barrel by 9:20 a.m. EDT (1320 GMT), having traded from $76.16 to $78.07.