Oil settles just under $100

AP News
|
Posted: Jul 22, 2011 3:03 PM
Oil settles just under $100

Oil prices were a little higher on Friday as U.S. lawmakers continued to debate spending plans and raising the nation's debt ceiling. Here's how energy prices traded.

On the New York Mercantile Exchange:

Crude rose 74 cents to settle at $99.87 per barrel.

Gasoline gained 3.39 cents to settle at $3.0906 a gallon.

Heating oil picked up 2.86 cents to settle at $3.1415 a gallon.

Natural gas added less than a penny to settle at $4.370 per 1,000 cubic feet.

On the ICE Futures exchange:

Brent crude rose $1.16 to settle at $118.67 per barrel.