Nymex reformulated gasoline blendstock for January RBF5, -0.95% — the benchmark gasoline contract — rose nearly 4 cents, or 2.3%, to $1.57 a gallon.
Heating oil for January HOF5, -0.58% rose 4 cents, or 2%, to settle at $1.99 a gallon, while natural gas for the same month NGF15, -0.73% gained nearly 3 cents, or 0.9%, to settle at $3.17 per million British thermal unit.
Crude-oil futures rose on Tuesday, getting an extra lift from strong U.S. economic growth and after some Arab members of the Organization of the Petroleum Exporting Countries said they see a rebound to $70 to $80 a barrel next year.
On the New York Mercantile Exchange, light, sweet crude futures for delivery in February CLG5, -0.82% settled up $1.86, or 3.4%, at $57.12 a barrel. The contract hit a settlement low of $54.36 last Thursday.
February Brent LCOG5, -0.88% crude on London’s ICE Futures exchange was up 28 cents, or 0.5%, at $61.97 a barrel.
In the metals complex,March palladium PAH5, +0.12% fell $1.20, or 0.1%, to settle at $814.05 an ounce, and high grade copper for the same month HGH5, +0.02% declined less a penny to just under $2.87 a pound.
Meanwhile, January platinum PLF5, -0.08% rose $9.60, or 0.8%, to settle at $1.191.70 an ounce, while March silver SIH5, +0.02% rose nearly 8 cents, or 0.5%, to settle at $15.87 an ounce.
Nymex reformulated gasoline blendstock for January RBF5, -0.95% — the benchmark gasoline contract — rose nearly 4 cents, or 2.3%, to $1.57 a gallon.