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Crude prices rebounded on Tuesday as the U.S. dollar sank and a blizzard boosted heating oil demand.The U.S. dollar index,[link widoczny dla zalogowanych], which tracks the dollar performance against a basket of currencies,[link widoczny dla zalogowanych], dipped on Tuesday as several U.S. economic data disappointed the market.
Hit by a surprisingly negative assessment of the jobs market,[link widoczny dla zalogowanych],[link widoczny dla zalogowanych], the Conference Board's consumer confidence index for December posted an unexpected decline,[link widoczny dla zalogowanych], down nearly two points from November to 52.5.
U.S. home prices fell for a fourth straight month in October,[link widoczny dla zalogowanych], pressured by a supply glut,[link widoczny dla zalogowanych], home foreclosures and high unemployment,[link widoczny dla zalogowanych],[link widoczny dla zalogowanych], according to the Standard & Poor's/Case-Shiller report.The blizzard that blanketed the U.S. East Coast helped lift heating oil demand.Light,[link widoczny dla zalogowanych], sweet crude for February delivery gained 49 cents to 91. 49 dollars a barrel on the New York Mercantile.
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