Oil price climbs to near $100 per barrel

AP News
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Posted: Dec 29, 2011 4:22 PM
Oil price climbs to near $100 per barrel

Oil prices climbed near $100 per barrel Thursday on stronger jobs and housing data in the U.S.

Here's a breakdown of how energy prices traded:

On the New York Mercantile Exchange:

Crude: added 29 cents to $99.65 per barrel;

Gasoline: rose by 2.88 cents to $2.6801 per gallon;

Heating oil: increased by 2.41 cents to $2.9175 per gallon;

Natural gas: fell by 9.4 cents to $3.027 per 1,000 cubic feet.

On the ICE futures exchange:

Brent crude: rose by 45 cents to $108.01 per barrel.