Gasoline futures led crude-oil prices higher Thursday, as the shutdown of a major gasoline pipeline looked set to stretch into a full week. October gasoline climbed 6.9 cents, or 5.1%, to settle at $1.43 a gallon on the New York Mercantile Exchange. That’s a more than three-week high. October West Texas Intermediate crude also rose 33 cents, or 0.8%, to settle at $43.91 a barrel, though ongoing worries about the glut of supplies kept gains in check.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
From:: Stock Market News