Oil Settles above $95 a Barrel

23rd June 2011

Oil Settles above $95 a Barrel

Posted by blogwriter

Oil prices rose Wednesday June 22. 2011 after the Federal Reserve acknowledged that U.S. economic growth has slowed but should pick up again soon. Here's how energy contracts traded.

On the New York Mercantile Exchange:

Crude rose $1.24 to settle at $95.41 per barrel.

Gasoline gained 9.07 cents to settle at $2.9733 a gallon.

Heating oil picked up 6.49 cents to settle at $2.9549 a gallon.

Natural gas fell 7.1 cents to settle at $4.317 per 1,000 cubic feet.

On the ICE Futures exchange:

Brent crude rose $3.26, almost 3 percent, to settle at $114.21 per barrel.

 

 

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