Oil little changed, below $97 a barrel

AP News
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Posted: Jul 06, 2011 3:17 PM
Oil little changed, below $97 a barrel

A stronger dollar and higher interest rates in China kept a lid on oil prices Wednesday.

Here's a breakdown of how energy contracts traded Wednesday:

On the New York Mercantile Exchange:

Crude: dropped 24 cents to settle at $96.65 per barrel;

Gasoline: gained 2.02 cents to settle at $2.9976 per gallon;

Heating oil: added 0.67 cents to settle at $2.9633 per gallon;

Natural gas: fell 14.9 cents to settle at $4.222 per 1,000 cubic feet.

On the ICE Futures exchange:

Brent crude: added a penny to settle at $113.62 per barrel.