U.S. crude futures up more than $1
NEW YORK, Jan 17 (Reuters) - U.S. crude rose more than $1 on Thursday as reports showing a drop in initial jobless claims last week and a rise in housing starts in December helped boost oil prices, as did concerns about an attack by Islamist militants on an Algerian gas plant.
U.S. front-month February crude was up $1.12 at $95.36 a barrel at 9:27 a.m. EST (1427 GMT), having traded from $93.80 to $95.40.
(Reporting by Robert Gibbons; Editing by Gerald E. McCormick)
U.S. front-month February crude was up $1.12 at $95.36 a barrel at 9:27 a.m. EST, having traded from $93.80 to $95.40.