Oil price stays around $103 per barrel

AP News
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Posted: Jan 04, 2012 3:32 PM
Oil price stays around $103 per barrel

Oil prices were little changed Wednesday as traders booked profits after a 4-percent surge at the start of the year.

Here's how energy contracts traded:

On the New York Mercantile Exchange:

Benchmark crude rose 26 cents to finish at $103.22 a barrel.

Gasoline rose 3.66 cents to end at $2.7852 a gallon.

Heating oil rose 5.17 cents to finish at $3.0899 a gallon.

Natural gas rose 10.3 cents to end at $3.096 per 1,000 cubic feet.

On the ICE Futures exchange in London:

Brent crude rose $1.57 to finish at $113.70 a barrel.