A day after the largest rise in five months, down from the United States and Germany's economic data boosted expectations that the central bank will take action to support economic growth. Afternoon in Europe, benchmark crude for delivery in June 14 cents in electronic trading on the New York mercantile exchange rose $91.57. Oil, its biggest one-day gain since Wednesday, the growth of the speculation, the European central bank will cut interest rates next week. The contract jumped $2.25, or 2.5%, to finish at $91.43. Report released this week on U.S. durable goods orders fell and German Ifo business confidence index fell, enhances the expected, the federal reserve and the European central bank will expand to support their economies. "Oil prices continue to lighten up the mood of the profit from the general financial markets," commercial bank in Frankfurt (at), analysts said. "There is no the root cause of the current price rise." Commerzbank, said recent U.S. gasoline supplies may not be the driving factor behind the rising crude oil. "At this time of year gasoline stocks fell is unusual, because it is oil refinery for repair work, resulting in a corresponding less gasoline," said commercial Banks. "For now, U.S. gasoline inventories a little above the long-term average, so there is no any supply tightening." U.S. doe's energy information administration said on Wednesday in a week as of April 19, gasoline inventories fell 3.93 million barrels. Brent crude oil used by many American refineries, in London's ICE futures exchange rose 3 cents to $101.76 a barrel. In the New York mercantile exchange other energy futures trading: - gasoline rose 0.46 cents to $2.7564 a gallon. - heating oil increased by 1 cent to $2.8377 a gallon. - natural gas rose 1.6 cents to $4.182 per 1000 cubic feet.
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