Thursday, December 1, 2011

Oil price rises to $100 a barrel again (AP)

Rising consumer confidence and escalating tensions in Iran pushed oil to about $100 per barrel on Tuesday.

Here's how energy prices traded.

On the New York Mercantile Exchange:

Benchmark crude rose $1.58 to finish the day at $99.79 per barrel.

Gasoline rose 2.1 cents to end at $2.5391 per gallon.

Heating oil rose 5.12 cents to finish at $3.0211 per gallon;

Natural gas rose 10.8 cents to end at $3.633 per 1,000 cubic feet.

On the ICE Futures exchange in London:

Brent crude rose $1.84 to finish at $109.86 a barrel.

Source: http://us.rd.yahoo.com/dailynews/rss/energy/*http%3A//news.yahoo.com/s/ap/20111129/ap_on_bi_ge/oil_prices_glance

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