Oil settles above $101 again
Thursday, March 17, 2011; 3:28 PM
-- Oil prices soared more than 3.5 percent, climbing back above $101 per barrel Thursday after a crackdown on protesters in Bahrain and the U.S. pressed for U.N. action against Libya's Moammar Gadhafi. Here's how energy contracts traded.
On the New York Mercantile Exchange:
Crude rose $3.44 to settle at $101.42 per barrel.
Gasoline gained 10.69 cents to settle at $2.9506 a gallon.
Heating oil picked up 6.77 cents to settle at $3.0649 a gallon.
Natural gas added 22 cents to settle at $4.158 per 1,000 cubic feet.
On the ICE futures exchange:
Brent crude rose $4.21 to settle at $114.65 per barrel.