Crude rises on Wall Street rally, gasoline spike amid pipeline outage

By Barani Krishnan NEW YORK (Reuters) - Oil prices rose about 1 percent or more on Thursday after tracking a rally in gasoline futures sparked by a delayed restart of the main gasoline line at Colonial Pipeline, the No. 1 carrier for the motor fuel in the United States. A run up in Wall Street shares also boosted oil prices as weak U.S. economic data dampened the likelihood of a Federal Reserve rate hike this month. U.S. West Texas Intermediate (WTI) crude futures rose 33 cents, or 0.8 percent,