The oil complex settled higher during light Christmas Eve trading Tuesday, following bullish US macroeconomic data. NYMEX February crude settled 31 cents higher at $99.22/barrel. ICE February Brent was up 31 cents at $111.87/b at the time of the NYMEX settle. Products were up as well, led by NYMEX January RBOB, which settled 3.39 cents higher at $2.8142/gal. January ULSD settled 1.82 cents higher at $3.0783/gal. US durable goods orders rose 3.5% in November, according to US Census Bureau data, nearly double economists’ expectations. US new home sales rose 464,000 units, also beating forecasts of a 445,000-unit increase. Supply concerns also mounted Tuesday after violence continued to escalate in South Sudan, Tradition Energy’s senior director of market research, Addison Armstrong, said. “South Sudan’s deposed vice president, who is leading a rebellion against the central government, is claiming to control parts of the country’s […]