Benchmark oil settles above $101 per barrel

AP News
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Posted: Jun 09, 2011 3:52 PM
Benchmark oil settles above $101 per barrel

Oil climbed above $101 per barrel Thursday as investors focused on how the world would meet energy demand in coming months. Here's how energy contracts traded.

On the New York Mercantile Exchange:

Crude rose $1.19 to settle at $101.93 per barrel.

Gasoline gained 6.11 cents to settle at $3.0398 a gallon.

Heating oil picked up 4.41 cents to settle at $3.1378 a gallon.

Natural gas fell 17.3 cents to settle at $4.674 per 1,000 cubic feet.

On the ICE Futures exchange:

Brent crude rose $1.72 to settle at $119.57 per barrel.