Crude oil prices above $83

Stock markets rose in Asia, Europe and Wall Street. The Sensex index in India rose 2.4 percent and the Hang Seng index in Hong Kong gained 1.45 percent. In Britain stocks rose 1.51 percent on the FTSE index. In Germany, on the DAX 30, stocks rose 2.06 percent.

On Wall Street, the Dow Jones industrial average closed higher for the fourth consecutive trading session, gaining 0.69 percent.

Traders are also attentive to an Organization of Petroleum Exporting Countries summit that convenes in Vienna Thursday.

In New York, the price of light, sweet November delivery crude oil added 37 cents from a prior settlement to $83.38 per barrel. Heating oil prices gained 0.53 cents to $2.306 per gallon. Reformulated gasoline prices shed 0.11 cents to $2.165 per gallon. The price of Henry Hub natural gas lost 2.5 cents to $3.671 per million British thermal units.

At the pump, the national average price of unleaded gasoline rose to $2.82 per gallon Wednesday from Tuesday's $2.811, AAA said.

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