NEW YORK, Dec 19 (Reuters) - Expiring U.S. January crude
futures rose on Wednesday on expectations that a battle over the
U.S. budget will be resolved and reduce the threat of recession
and of curbed demand for oil.
U.S. January crude futures rose $1.58, or 1.80
percent, to settle at $89.51 a barrel, having traded from $87.81
to $89.90.
(Reporting by Robert Gibbons; Editing by Gerald E. McCormick)