Market Chatter: UPDATE - Oil Settles At Highest Level of Month
"Oil futures climbed more than 1% Thursday, as weakness in the dollar, easing worries over the euro zone and better-than-expected U.S. data combined to lift prices to their highest settlement of the month," MarketWatch reported.
It said: "April crude tacked on US$1.13, or 1.3%, to settle at $91.56 a barrel on the New York Mercantile Exchange."
It added: "Natural-gas futures rallied to its highest level of the year after government data showed a larger drop in last week's supplies than expected. April natural gas rose 11 cents, or 3.2%, to end at $3.58 per million British thermal units. That was the highest settlement for a front-month contract since December, according to FactSet."
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