Crude-oil futures turn up, topping $99 a barrel * *PIC*

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Crude-oil futures turn up, topping $99 a barrel ( CL1Z DJIA ) (by Laura Mandaro)

SAN FRANCISCO (MarketWatch) -- Crude-oil futures reversed higher as floor trading got underway Tuesday, popping above the $99 level. Oil had spent much of the Asian and European trading in the red, hampered by a stronger dollar and investor concerns over Europe's debt outlook as Spanish and Italian bond yields surged. Crude for December delivery (cl1z) rose 93 cents, or 1%, to $99.09 a barrel on the New York Mercantile Exchange. After a shaky start, U.S. stocks drifted modestly higher, with the Dow Jones Industrial Average (djia) up 13 points at 12,091. Supporting sentiment, the U.S. government said retail sales for October increased 0.5% and 0.6% excluding volatile auto sales. Both gains topped estimates.

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