Oil rose to the highest level in more than nine months as jobless claims held at a four-year low in the U.S. and German business confidence surpassed forecasts. Crude increased for a sixth day after the Labor Department reported applications for jobless benefits were unchanged last week at 351,000, the fewest since March 2008. The increase in German confidence eased concern about the European debt crisis’s effect on the region’s largest economy. “Everybody is still watching economic data,” said Tom Bentz, a director with BNP Paribas Prime Brokerage Inc. in New York. “The German confidence index and other data give ... (full story)