Oil settled virtually unchanged Thursday, as traders considered the possible impact of a tropical storm in the Gulf of Mexico, the wrangling over the debt ceiling in Washington and the debt crisis in Europe. Here's how energy contracts traded.
On the New York Mercantile Exchange:
Crude rose 4 cents to settle at $97.44 per barrel.
Gasoline lost 1.93 cents to settle at $3.0638 a gallon.
Heating oil picked up 2 cents to settle at $3.1144 a gallon.
Natural gas fell 7.4 cents to settle at $4.244 per 1,000 cubic feet.
On the ICE Futures exchange:
Brent crude fell 7 cents to settle at $117.36 per barrel.