US stock indices closed in the positive territory on Wednesday, shaking off the release of weak economic data.
Data showed that the US industrial production index rose 0.4% during the August, slightly lower than forecasts of 0.5%.
The data increased uncertainty about the Federal Reserve's next move, especially about reducing the asset purchase program, as inflation seen the largest slowdown in 6 month.
To the oil market, WTI crude October futures rose 3.1% or $2.15, and crude closed at $72.61 a barrel.
Brent November futures rose 2.5% or $1.86, and closed at $75.46 a barrel.
As for stocks, Dow Jones rose 0.7% or 236 points, and closed at 34,814, and hit a day high of 34,880, and a low of 34,522.
S&P 500 rose 0.8% or 37 points to 4,480, after hitting a high of 4,486 and a low of 4,438.
Nasdaq rose 0.8% or 123 points to 15,161 points, with a high of 15,174 and a low of 14,984.