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Showing posts with label stock. Show all posts
Showing posts with label stock. Show all posts

Tuesday, June 14, 2011

Oil rises on economy news, stock market rally (AP)

NEW YORK – Oil climbed above $99 per barrel Tuesday following a better-than-expected retail sales report, a decline in the dollar and a broad rally on Wall Street.

Here's a breakdown of how energy contracts traded Tuesday:

On the New York Mercantile Exchange:

Crude added $2.07 to settle at $99.37 per barrel.

Gasoline gained 6.78 cents to settle at $3.0646 per gallon.

Heating oil rose 2 cents to settle at $3.1258 per gallon.

Natural gas fell 6.5 cents to settle at $4.581 per 1,000 cubic feet.

On the ICE Futures exchange:

Brent crude rose 93 cents to settle at $119.35 per barrel.