SAVE MONEY ON TRAVEL DEALS

Even after U.S. Federal Reserve Chairman Ben Bernanke said the U.S. economy and financial markets were still too weak to raise interest rates, light, sweet crude for August delivery rose 74 cents, or 1.2 percent, to $64.72 a barrel on the New York Mercantile Exchange, the highest settlement since July 2.

The August contract expired at the close.

The more-active September contract increased 32 cents, or 0.5 percent, to end the session at $65.61 a barrel.

Natural gas for August delivery rose a penny to settle at $3.846 per 1,000 cubic feet.

August heating oil increased 0.9 cent, or 0.5 percent, to end the session at $1.6984 a gallon.

Reformulated gasoline blendstock climbed 2.26 cents, or 1.3 percent, at $1.812 a gallon in New York, the highest settlement since July 1.

AAA said the average U.S. retail price for regular unleaded gasoline was $2.458 a gallon, down 0.07 cents from Monday's $2.465 a gallon.

 BREAKING STORIES

Crude oil prices rebound Tuesday

Three possible Fed governors named

Fed board seats remain unfilled

USDA accused of risking public health

Postal service delivers bad budget news

Fed Vice Chairman Kohn to retire

FDIC closes banks in Nevada, Washington

FDIC closes banks in Nevada, Washington

Justice asked to probe absent Bush e-mails

FDIC has 702 banks on problem list

FDIC has 702 banks on problem list

USDA facing allegations of discrimination

Governors, White House to meet on carp

Consumers dropping the credit habit

GOP: Obama budget, deficits 'reckless'

Gates, Mullen defend Defense budget

Pentagon: Budget reflects reform goals

Commerce sees decrease in 2011 budget

Senate confirms Bernanke for second term

WH: Priorities won't suffer budget freeze