Oil ends at $97.17 as traders await Fed action
On the New York Mercantile Exchange benchmark crude rose 63 cents to end at $97.17 per barrel while wholesale gasoline gained 1.95 cents to end at $3.0435 per gallon.
The Associated Press
9/11/2012
NEW YORK — The price of oil rose Tuesday ahead of a meeting this week where the Federal Reserve may decide to take additional steps to promote economic growth.
On the New York Mercantile Exchange benchmark crude rose 63 cents to end at $97.17 per barrel while wholesale gasoline gained 1.95 cents to end at $3.0435 per gallon.
Heating oil increased 1.89 cents to end at $3.1857 per gallon.
On the ICE futures exchange in London Brent crude increased 59 cents to finish at $115.40 per barrel and natural gas was up 18 cents to end at $2.992 per 1,000 cubic feet.
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