Oil settles above $106 a barrel

AP News
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Posted: Mar 31, 2011 3:46 PM
Oil settles above $106 a barrel

Oil rose to a 30-month high on Thursday as fighters loyal to Moammar Gadhafi pushed back rebels from key areas in eastern Libya. Here's how energy contracts traded.

On the New York Mercantile Exchange:

Crude rose $2.45 to settle at $106.72 per barrel.

Gasoline gained 5.04 cents to settle at $3.1077 a gallon.

Heating oil picked up 5.91 cents to settle at $3.1125 a gallon.

Natural gas added 3.4 cents to settle at $4.389 per 1,000 cubic feet.

On the ICE Futures exchange:

Brent crude rose $2.25 to settle at $117.20 per barrel.