U.S. crude futures settle more than 1 percent higher
NEW YORK, Jan 17 (Reuters) - U.S. crude rose more than 1 percent 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 rose $1.25, or 1.33 percent, to settle at $95.49 a barrel, having traded from $93.80 to $96.04.
(Reporting by Robert Gibbons; Editing by Gerald E. McCormick)
U.S. front-month February crude rose $1.25, or 1.33 percent, to settle at $95.49 a barrel, having traded from $93.80 to $96.04.