In the news:
Originally published Friday, June 22, 2012 at 12:49 PM
European stimulus pushes oil higher
Europe's latest attempt to revive its economy and a tropical storm brewing in the Gulf of Mexico drove the price of oil 2 percent higher Friday.
The Associated Press
Europe's latest attempt to revive its economy and a tropical storm brewing in the Gulf of Mexico drove the price of oil 2 percent higher Friday.
On the New York Mercantile Exchange:
Crude added $1.56 to finish at $79.76 per barrel.
Gasoline rose 1.98 cents to end at $2.5699 per gallon.
Heating oil added nearly a penny to finish at $2.5337 per gallon.
Natural gas rose by 4.3 cents to end the week at $2.6250 per 1,000 cubic feet.
On the ICE Futures exchange in London:
Brent crude climbed $1.75 to end at $90.98 a barrel.











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