Crude oil futures are climbing steadily Monday at the New York Mercantile Exchange, buoyed by growing confidence in the U.S. economy.
The October West Texas Intermediate contract was recently up $4.65 at $109.20 a barrel, and Brent crude futures were $4.25 higher at $103.86 a barrel.
Heating oil futures were rising 11 cents at $3.00 a gallon, reformulated gasoline was edging 4 cents higher, and natural gas was unchanged at $7.53 per million British thermal units.
Most energy stocks are gaining ground.
is 2% higher at $55.69,
is up almost 1% at $88.60,
is up 1.4% at $80.75, while
is edging down 0.7% at $77.78.
U.S Oil Fund
, an exchange-traded fund that tracks the performance of WTI futures at the Nymex, was recently up 4.5% at $86.35.