Crude oil rose on Monday ahead on an OPEC meeting tomorrow to decide whether to boost production.
U.S. light sweet crude for January delivery in the Comex division of the New York Mercantile exchange rose $0.60 to $89.31 at 2:30 p.m.
Saudi Arabia's oil minister, Ali al-Naimi declined to give ans aid Monday that the oil cartel's outlook for a decision is 'wide open,' he told reporters this weekend.
Late last week, an explosion briefly shut down a significant pipeline from connecting Canada and the United states sending prices higher. Three of four lines on for the Entebridge pipe have been reopened, with weather delays on the fourth.
Crude has risen more than 40 percent since August on due to the weak dollar. However ast week, as the dollar gained strength, however oil began to drop.