MW:Oil-futures prices aim to end 5-session loss skein
By Robert Daniel
TEL AVIV (MarketWatch) -- Oil-futures prices advanced on Thursday, aiming to snap a five-session losing streak. Crude oil for December delivery CLZ2 +0.89% rose 84 cents a barrel, or almost 1%, to $86.57. On Wednesday, oil futures had dropped after a report showed that U.S. supplies had risen and after mixed global economic data failed to boost prices. Among other commodities, natural gas for November delivery NGX12 +0.17% rose 1 cent per million British thermal units to $3.46. Heating oil for November delivery HOX2 +0.61% rose 2 cents a gallon to $3.06, up 0.6%. And gasoline for the same month RBX2 +0.76% fell 2 cents, or 0.74%, to $2.62 a gallon. The commodity-price increases were helped by a weaker dollar. The dollar index, DXY -0.23% which measures the greenback against a basket of six rival currencies, slipped 0.14 point, or 0.18%, to 79.77.
