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Crude Oil Hits A Three-Month High |
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12:46 PM EST January 17 2006 |
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Crude oil prices climbed to a three-month high of over $65 a barrel amid supply concerns, raised by political tension in Nigeria and Iran. Light sweet crude for February delivery rose $1.13 to $65.05 a barrel. Heating oil gained 6 cents to $1.773 a gallon. Gasoline added 6 cents to $1.795. Natural gas surged 34 cents to $9.13 per 1,000 cubic feet. London Brent March delivery rose 99 cents to $64.17 a barrel. |
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