Oil ends higher, near $91 a barrel
Notice: Undefined variable: article_ad_placement3 in /usr/web/cs-washington.ogdennews.com/wp-content/themes/News_Core_2023_WashCluster/single.php on line 128
The price of oil rose sharply on higher U.S. home prices and hopes of a budget deal in Washington.
On the New York Mercantile Exchange:
n Benchmark crude rose $2.37 to finish at $90.98 per barrel.
n Gasoline rose 6.52 cents to end at $2.8158 a gallon.
n Heating oil rose 4.91 cents to finish at $3.0513 a gallon.
n Natural gas rose 4.6 cents to end at $3.3920 per 1,000 cubic feet.
On the ICE Futures exchange in London, Brent crude rose $2.27 to finish the day at $111.07 per barrel.