China's Purchasing Managers Index hit 55.4 in October, showing the fastest growth in 18 months, Marketwatch said.
In Europe, the PMI in the 16 euro zone states reached 50.7, the first push into positive territory in 17 months.
Scores above 50 indicate growth, while scores below indicate a contraction.
In New York, oil prices added 38 cents from Friday to reach $77.38 per barrel, "slightly higher on the session after positive PMI figures from China, the world's second biggest oil user," an analysts at Action Economics wrote.
Gasoline prices added 0.0012 cents to $1.9607 per gallon.
Heating oil prices added 0.0123 cents to $2.0175 per gallon.
Natural gas prices shed 0.034 cents to $5.011 per million British thermal units.
At the pump, the national average price of unleaded gasoline dropped to $2.691 per gallon Monday from Sunday's $2.693, AAA said.
Copyright 2009 by United Press International.
Post new comment