Oil Prices Flirt Around $100 per Barrell
9th November 2011
Oil Prices Flirt Around $100 per Barrell
Posted by blogwriter
Submitted by blogwriter on Wed, 11/09/2011 - 02:49
Oil prices hit the highest level since July as a pending United Nations report on Iran's nuclear weapon ambitions raised the possibility of new trade sanctions on the oil-rich country.
Here's how energy prices traded on Tuesday November 8, 2011.
On the New York Mercantile Exchange:
Benchmark crude rose $1.28 to end at $96.80 per barrel.
Gasoline fell 2.18 cents to finish at $2.7064 per gallon.
Heating oil lost less than a penny to end at $3.1161 per gallon.
Natural gas fell 4.9 cents to finish at $3.745 per 1,000 cubic feet.
On the ICE Futures exchange in London:
Brent crude rose 44 cents to finish at $115 per barrel.
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