Improving economy: More jobs, higher pump prices

AP News
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Posted: Jan 06, 2012 3:50 PM
Improving economy: More jobs, higher pump prices

Oil prices were up 3 percent in the first week of 2012, continuing a trend that began in 2011.

Here's how energy contracts traded Friday.

On the New York Mercantile Exchange:

Benchmark crude fell by 25 cents to finish at $101.56 per barrel.

Gasoline rose 1.51 cents to end at $2.7516 per gallon.

Heating oil rose by 3.14 cents to finish at$3.0702 per gallon.

Natural gas rose 8.2 cents to end at $3.062 per 1,000 cubic feet.

On the ICE Futures exchange in London:

Brent crude rose by 3.2 cents to finish at $113.06 per barrel.