Oil Update: There Goes Crude Again!

Crude prices climbed past $67 on the same day that the Dow Jones Industrial Average topped 9,000.

Benchmark crude for delivery in September gained $1.67 at $67.07 per barrel on the New York Mercantile Exchange. On Wednesday, the contract settled at $65.40 after losing 21 cents.

Earlier in the day, the National Association of Realtors said that sales of existing homes grew by 3.6% in June.

Earnings news helped bolster investors, with 3M ( MMM), AT&T ( T), eBay ( EBAY) and Ford ( F) among the companies pacing today's surge in stocks.

Shares of energy companies were rising alongside crude prices and the markets today. Occidental Petroleum ( OXY), which beat estimates on declining profit, was up 2.2%, or $1.56, at $71.55.

Exxon Mobil ( XOM), Chevron ( CVX) and ConocoPhillips ( COP) were changing hands up 2%, 2.7% and 1.7%, respectively.

The NYSE Arca Oil Index was up jumping 2.3% in the afternoon.

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