UPDATE 7-U.S. oil jumps more than 1 pct on budget deal hopes

... going to be accomplished" to reopen the U.S. government, said Gene McGillian, oil analyst with Tradition Energy in Stamford, Connecticut. Major U.S. stock indices rose and the U.S. dollar was also higher as a senior Democratic aide said the ...

http://www.reuters.com/article/2013/10/16/markets-oil-idUSL3N0I618320131016?feedType=RSS&feedName=marketsNews