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The Journal Gazette

Friday, November 23, 2012 2:46 pm

Oil ends higher, above $88 a barrel

By The Associated Press

The price of oil rose Friday afternoon after Israeli troops fired on crowds in Gaza surging toward the border fence.

On the New York Mercantile Exchange:

Benchmark crude rose 90 cents to finish at $88.28 per barrel.

Gasoline lost 5.6 cents to end at $2.7439 a gallon.

Heating oil rose 4.9 cents to finish at $3.0771 a gallon.

Natural gas lost 0.2 cents to end at $3.901 per 1,000 cubic feet.

On the ICE Futures exchange in London:

Brent crude rose 83 cents to finish the day at $111.38 per barrel.