NEW YORK, Jan. 28 (UPI) -- The price of crude oil pushed slightly higher Monday, adding 44 cents to $96.50 per barrel in New York.
On the New York Mercantile Exchange, West Texas Intermediate crude oil found support from a strong gain in durable goods orders in December and a solid gain in capital goods investment. The price failed to spike, however, an indication pricing has already accommodated the upbeat data.
Advertisement