Crude Oil Climbs Back Above $100

Crude oil futures retook the $100-a-barrel level Tuesday, one session after the near-term contract tumbled on worries about the health of the global economy following the failure of the U.S. government's bailout package.

West Texas intermediate crude for November delivery rose $4.55 to $100.92 a barrel in New York. Brent crude gained $4.48 to $98.46.

Elsewhere in the energy complex, reformulated gasoline advanced 11 cents to $2.50 a gallon, and heating oil was better by 11 cents at $2.87 a gallon.

Among stocks, Exxon Mobil (XOM Quote - Cramer on XOM - Stock Picks), Chevron (CVX Quote - Cramer on CVX - Stock Picks) and ConocoPhillips (COP Quote - Cramer on COP - Stock Picks) were up more than 4%. Valero (VLO Quote - Cramer on VLO - Stock Picks) rose 1.6%, but Tesoro (TSO Quote - Cramer on TSO - Stock Picks) eased 0.9%.

The U.S. Oil (USO Quote - Cramer on USO - Stock Picks), an ETF that tracks crude prices, climbed 6%.