U.S. crude futures rise $2 on storm, weak dollar

Mon Nov 9, 2009 4:08pm GMT
 
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NEW YORK, Nov 9 (Reuters) - U.S. crude oil futures rose more than $2 on Monday on the weak dollar and the impact of Tropical Storm Ida on Gulf Coast oil and natural gas production and operations.

On the New York Mercantile Exchange, at 11:05 a.m. EST (1605 GMT), December crude CLZ9 was up $2.06, or 2.66 percent, at $79.49 a barrel, trading from $77.77 to $79.57. (Reporting by Robert Gibbons)

 

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