Oil prices rose about 3% to their highest levels in three months, with Brent crude futures rising $2.84, or 3.7% to settle at $79.76 a barrel, after exceeding $80 a barrel for the first time since October 7.
US West Texas Intermediate (WTI) crude futures rose $2.65, or 3%, to settle at $76.57, also a three-month high.
US ultra-low-sulfur diesel (ULSD) futures rose 5.1% to settle at $105.07 a barrel, their highest level since July.
Latest Oil Prices:
WTI Crude $76.57 +3.58%
Brent Crude $79.76 +3.69%
Murban Crude $80.06 +3.80%
Louisiana Light $77.24 +0.00%
Bonny Light $78.62 -2.84%
Mars US $73.93 -1.64%
Natural Gas $3.989 +7.78%
Gasoline $2.075 +2.30%