NEW YORK (AP) — The price of oil rose more than 2 percent Wednesday after the Federal Reserve released a report that signaled it may take further steps to lift the economy.
Here's a breakdown of how energy prices traded.
On the New York Mercantile Exchange:
— Crude rose by $1.90 to end the day at $85.81 per barrel;
— Gasoline rose by 2.2 cents to end at $2.7689 per gallon;
— Heating oil added 4.23 cents to finish at $2.7618 per gallon;
— Natural gas increased by 11.6 cents to finish at $2.853 per 1,000 cubic feet.
On the ICE futures exchange:
— Brent crude increased by $2.26 to finish at $100.23 per barrel.