Select Commodities – Outlook • Oil Rises to a 15-month High on Signs Recovery May Be Sustained- Crude oil rose to 15-month high on speculation fuel demand will increase as energy and economic data indicate that the global recovery may be sustained amid freezing temperatures in the Northern Hemisphere. Oil rose a second day after imports by China, the world's second-largest energy consumer, climed in December to reach a record annual total of 203.8 million metric tons.