Oil settles slightly higher

AP News
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Posted: Apr 27, 2011 3:47 PM
Oil settles slightly higher

Oil settled slightly higher Wednesday after Fed chairman Ben Bernanke said the nation's economy will continue to recover. Here's how energy contracts traded.

On the New York Mercantile Exchange:

Crude rose 55 cents to settle at $112.76 per barrel.

Gasoline gained 5.10 cents to settle at $3.2481 a gallon.

Heating oil gave up 2.08 cents to settle at $3.2481 a gallon.

Natural gas fell 1 cent to settle at $4.377 per 1,000 cubic feet.

On the ICE Futures exchange:

Brent crude rose 99 cents to settle at $125.13 per barrel.