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Oil futures mark first gain in 4 sessions

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Oil futures on Thursday marked their first gain in four sessions, finding support from Energy Information Administration data showing a nearly 5 million barrel weekly decline in distillate supplies, which contributed to concerns about heating-fuel supplies ahead of the winter season. Prices had posted declines for three consecutive sessions amid worries over a potential recession that would slow demand for energy. U.S. benchmark West Texas Intermediate crude for November delivery CLX22, +2.17% rose $1.84, or 2.1%, to settle at $89.11 a barrel on the New York Mercantile Exchange.

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