Oil hits $100 a barrel again

AP News
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Posted: Jul 21, 2011 3:50 PM
Oil hits $100 a barrel again

Oil topped $100 per barrel during Thursday trading for the first time since early June on an improving outlook for the U.S. economy, and European leaders moving closer to agreement on more financial aid for Greece. Here's how energy contracts traded.

On the New York Mercantile Exchange:

Crude rose 73 cents to settle at $99.13 per barrel.

Gasoline lost 4.75 cents to settle at $3.0995 a gallon.

Heating oil gave up 1.92 cents to settle at $3.0992 a gallon.

Natural gas fell 10.7 cents to settle at $4.362 per 1,000 cubic feet.

On the ICE Futures exchange:

Brent crude dropped 64 cents to settle at $117.51 per barrel.