Oil prices climb, topping $84

The Energy Information Administration said U.S. inventories of crude oil rose by 1 million barrels in the week ending Nov. 19. Traders were encouraged, however, by a sharp rebound in stock markets. The Dow Jones industrial average gained 150.91 points after losing 142.21 points Tuesday.

January delivery light, sweet crude oil on the New York Mercantile Exchange added $2.90 cents to $84.15. Heating oil prices gained 8.02 cents to $2.3471 per gallon. Reformulated blendstock gasoline rose 8.32 cents to $2.17 per gallon.

Henry Hub natural gas prices lost 0.8 cents to $4.407 per million British thermal units.

At the pump, the national average price of unleaded gasoline dropped to $2.869 per gallon from Tuesday's $2.87, AAA said.

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